Charles Schwab has expanded Schwab Crypto to five listed cryptocurrencies, adding Solana, Avalanche and Chainlink to Bitcoin and Ethereum. The brokerage says it charges a 0.75% transaction fee. But its published details leave key questions about custody and withdrawals unanswered.
- Schwab Crypto lists BTC, ETH, SOL, AVAX and LINK.
- The fee is 75 basis points, or 0.75% of each transaction’s dollar value.
- Schwab says the service is available in every state except New York and Louisiana, subject to eligibility.
- Schwab has not said whether customers can transfer coins to external wallets.
Three assets join Bitcoin and Ethereum
Charles Schwab says it has added Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to Schwab Crypto. The platform now lists five cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH).
Solana and Avalanche are blockchain networks that support transactions and applications, including smart contracts. These are programs that run on a blockchain when specified conditions are met. Chainlink connects smart contracts with data and systems outside a blockchain.
Each asset has a different purpose and carries its own risks. Being available through a brokerage platform does not establish an asset’s long-term value or make it right for every investor.
Schwab says clients can use the service through Schwab.com, the Schwab Mobile app and thinkorswim. It also offers 24/7 support and educational resources.
Rollout and trading fees
Schwab began early access in May 2026. It said full access for eligible retail clients began in October 2026, but has not specified the eligibility criteria.
Schwab charges 75 basis points on the dollar value of each transaction, according to the company. One basis point is one-hundredth of a percentage point, making 75 basis points equal to 0.75%. At that rate, a $1, 000 transaction would incur a $7.50 fee. Customers should check Schwab’s terms for full pricing details and any restrictions.
“We continue to expand Schwab Crypto to give clients greater choice and flexibility in how they invest in digital assets alongside their broader investments.”
Joe Vietri, head of digital assets at Charles Schwab
Availability and unanswered custody questions
Schwab says its crypto service is available in every US state except New York and Louisiana. Availability by state does not mean every customer can use it. The service is limited to eligible retail clients.
Schwab has not said who holds customers’ crypto, what security protections are in place or whether customers can withdraw assets to external wallets. These details matter. Trading cryptocurrency through a brokerage platform may not give you the same control as a self-custody wallet, where you hold the private keys.
Schwab plans to add more digital assets over time, but has not named any future additions or set a schedule. Until the company provides more details, customers should read the platform’s terms rather than assume they can move coins freely or manage their own keys. For related coverage, see Schwab’s addition of Solana, Avalanche and Chainlink.
Key questions about Schwab Crypto
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Which cryptocurrencies does Schwab Crypto list?
Bitcoin, Ethereum, Solana, Avalanche and Chainlink.
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What does trading cost?
Schwab states a fee of 75 basis points, or 0.75%, of each transaction’s dollar value. Check Schwab’s terms for full pricing details.
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Can customers withdraw crypto to an external wallet?
Schwab has not said whether it supports withdrawals or explained its custody arrangements.
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Where is the service available?
Schwab says it is available in every US state except New York and Louisiana, subject to client eligibility.
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Will Schwab add more cryptocurrencies?
Schwab plans to add more digital assets, but has not announced which ones or when.
