Summary
- Charles Schwab said it has added SOL, AVAX and LINK to Schwab Crypto, expanding supported cryptocurrency trading to five tokens.
- Users can now directly trade five cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), on the company's website, mobile app and thinkorswim platform.
- Schwab Crypto's cryptocurrency trading fee is about 0.75% of the transaction value, and the company plans to add more supported cryptocurrencies and digital assets in the future.
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Charles Schwab has begun offering trading in Solana, Avalanche and Chainlink.
Business Wire reported on November 9 that the U.S. financial services firm added SOL, AVAX and LINK to its crypto trading service, Schwab Crypto.
The move brings the total number of cryptocurrencies customers can buy and sell directly to five, including Bitcoin and Ether.
Schwab Crypto launched for some customers in May and expanded in October to all eligible retail clients. Users can view and trade cryptocurrencies alongside traditional assets such as stocks on Schwab's website, mobile app and thinkorswim platform.
Trading fees are about 0.75% of the transaction value.
Joe Vietri, head of digital assets at Charles Schwab, said the company is expanding the service to give clients broader and more flexible access to digital-asset investing alongside their existing holdings.
Charles Schwab plans to add more cryptocurrencies and other digital assets supported on Schwab Crypto in the future.
Minseung Kang
