• Schwab Crypto clients can now trade SOL, AVAX and LINK against the dollar, bringing the platform to five assets with bitcoin and ether [1].
  • Trades cost 75 basis points of the dollar value; the accounts are offered by Charles Schwab Premier Bank in every state except New York and Louisiana [1].
  • Schwab announced the three tokens on Aug. 27 without a launch date; at the time it reported more than $12 trillion in client assets and 39 million active brokerage accounts [2].

Charles Schwab said on Monday, Nov. 9, that clients can now buy and sell Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) through Schwab Crypto accounts, adding them to bitcoin and ether for a total of five digital assets [1]. Clients can trade them on Schwab.com, the Schwab Mobile app and the thinkorswim platform, next to their stocks and funds [1].

"Our focus remains on delivering the experience, value, education and support clients expect from Schwab," said Joe Vietri, head of digital assets at Charles Schwab [1].

How the service works

Schwab Crypto began rolling out with early access in May 2026 and became available to all eligible retail clients in October [1]. Trades cost 75 basis points of the dollar value of each trade [1]. The accounts and crypto products are offered by Charles Schwab Premier Bank, SSB, with Charles Schwab & Co. handling some operations, and are available in all U.S. states except New York and Louisiana, and not in U.S. territories or abroad [1]. Holdings are not FDIC insured or SIPC protected, and Schwab says it may delay, modify or withdraw support for any asset [1].

Schwab first said it would add the three tokens on Aug. 27 but gave no launch date then; Solana rose 12.9% on the news that day, Chainlink 5.5% and Avalanche 3.6%, The Block reported [2]. Schwab said it plans to add more cryptocurrencies and digital assets over time [1].

Why it matters

Schwab is one of the largest U.S. brokers, with more than $12 trillion in client assets and 39 million active brokerage accounts as of August, The Block reported [2], so direct access to tokens beyond bitcoin and ether puts them in front of a large pool of mainstream investors. Avalanche and Solana are also gaining ground in traditional market plumbing: MLQ.ai reported on Monday that the NYSE picked Avalanche to settle tokenized stocks, and last week that Samsung Wallet switched on USDC accounts on Solana.

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