Charles Schwab has expanded its cryptocurrency trading service to include Solana, Avalanche and Chainlink, allowing eligible US retail investors to buy and sell five digital assets directly through Schwab Crypto.
Summary
- Charles Schwab has added Solana, Avalanche and Chainlink to its crypto trading platform, allowing eligible US retail investors to trade five cryptocurrencies.
- Schwab Crypto became available to all eligible retail clients in October after an initial rollout in May 2026, with Bitcoin and Ethereum among its first supported assets.
- Customers can trade cryptocurrencies through Schwab’s website, mobile app and thinkorswim platform, with transaction fees set at 0.75% of each trade.
- Schwab plans to introduce more cryptocurrencies and digital assets over time, although the service remains unavailable in New York, Louisiana and international jurisdictions.
The brokerage said in its latest announcement that the three tokens, SOL, AVAX and LINK, are now available alongside Bitcoin and Ethereum, which were the first cryptocurrencies supported when the service began rolling out earlier this year.
The additions give customers access to more cryptocurrencies through the same platforms they use to manage stocks and other traditional investments, without having to open an account with a separate cryptocurrency exchange.
Joe Vietri, head of digital assets at Charles Schwab, said the company was responding to customers who wanted more flexibility in managing their cryptocurrency investments.
“We continue to expand Schwab Crypto to give clients greater choice and flexibility in how they invest in digital assets alongside their broader investments,” Vietri said.
Schwab Crypto expands beyond Bitcoin and Ethereum
The latest listings follow an August announcement in which Schwab first outlined plans to introduce the three cryptocurrencies.
At the time, crypto.news reported that the brokerage was preparing to expand its digital asset offering beyond Bitcoin and Ethereum, with the new tokens expected to become available in the following months.
The company had already begun offering direct cryptocurrency trading to selected retail customers in May 2026, before making Schwab Crypto available to all eligible retail clients in October.
With the latest rollout, customers can trade SOL/USD, AVAX/USD and LINK/USD pairs through their Schwab Crypto accounts.
Schwab said its selection of cryptocurrencies is based on customer demand and its preference for established digital assets. The company intends to introduce more tokens and other digital asset products over time, although it has not identified the next cryptocurrencies it plans to support.
Solana is a blockchain network used for decentralized applications, payments and digital asset trading, while Avalanche supports applications and blockchain networks built for different purposes.
Chainlink provides infrastructure that connects blockchain applications with external information, including financial market data used by smart contracts.
How much does Charles Schwab charge for crypto trading?
Schwab Crypto charges a transaction fee of 75 basis points, equivalent to 0.75% of the dollar value of each trade.
For example, a customer purchasing $1,000 worth of cryptocurrency would pay $7.50 in trading fees. A $10,000 transaction would carry a $75 fee at the same rate.
Customers can access the service through Schwab’s website, mobile application and thinkorswim trading platform, where cryptocurrency holdings can be viewed alongside conventional investments.
The company provides educational material through the Schwab Center for Financial Research and Schwab Coaching, covering cryptocurrency markets, investment risks and the role digital assets can play in investment portfolios.
Customers can contact Schwab’s support team by phone or chat at any time, with the brokerage offering 24-hour assistance throughout the week.
“Our focus remains on delivering the experience, value, education and support clients expect from Schwab,” Vietri said.
Schwab Crypto accounts remain restricted to eligible US customers
Despite the expansion, Schwab Crypto is not available to every customer who holds an account with the brokerage.
The service is offered through Charles Schwab Premier Bank, SSB, a banking subsidiary of The Charles Schwab Corporation, while affiliated brokerage Charles Schwab & Co. performs certain operational functions.
Eligible customers can open accounts in most US states, but residents of New York and Louisiana are excluded. The service is unavailable in US territories and international jurisdictions.
Schwab’s disclosures state that cryptocurrency holdings are not bank deposits and do not qualify for Federal Deposit Insurance Corporation or Securities Investor Protection Corporation coverage.
The company warns that digital assets can experience substantial price volatility and that customers could lose their entire investment.
Schwab retains the ability to delay, change or withdraw support for individual cryptocurrencies in response to regulatory, market, operational or risk-related developments.
