Charles Schwab has expanded its cryptocurrency trading platform to include Solana, Avalanche, and Chainlink, bringing the total number of supported assets to five. The November 9 addition follows the brokerage's initial rollout of Bitcoin and Ethereum trading.
New Trading Pairs Available
Eligible customers can now trade SOL/USD, AVAX/USD, and LINK/USD directly through Schwab Crypto. The platform previously supported only Bitcoin and Ethereum, which became available during its initial rollout in May 2026.
The additions follow Schwab's August announcement of plans to introduce three more cryptocurrencies. At that time, the company said it would prioritize established digital assets based on customer demand.
The new trading pairs give investors access to Solana, Avalanche, and Chainlink without opening accounts at separate cryptocurrency exchanges. Customers can manage these holdings alongside stocks, funds, and other investments through Schwab's existing platforms.
Fee Structure and Access
Schwab Crypto charges a 0.75% fee on each cryptocurrency transaction, equivalent to 75 basis points of the trade value. Customers can trade through Schwab.com, the Schwab Mobile application, and the thinkorswim trading platform.
The brokerage first introduced direct Bitcoin and Ethereum trading to selected customers in May. It subsequently expanded access to all eligible retail clients in October, before adding the three cryptocurrencies this month.
"We continue to expand Schwab Crypto to give clients greater choice and flexibility in how they invest in digital assets," Joe Vietri, Schwab's Head of Digital Assets, said.
Schwab also provides cryptocurrency research, educational materials, and customer support around the clock. Its research resources include market commentary from the Schwab Center for Financial Research and educational content through Schwab Coaching.
Plans for Further Expansion
Charles Schwab reported $13.33 trillion in client assets as of September 30, representing 15% annual growth. The brokerage also reported 48.6 million client accounts and $190.4 billion in quarterly core net new assets.
However, Schwab Crypto remains unavailable to customers in New York, Louisiana, and U.S. territories. International customers cannot access the service, while eligible U.S. residents must satisfy the brokerage's account requirements.
The company also warned that cryptocurrencies do not qualify for FDIC insurance or SIPC protection. Schwab plans to introduce additional cryptocurrencies and digital assets, although it has not disclosed which tokens will follow.
