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Schwab Adds Solana, Avalanche and Chainlink to Crypto Service

The additions bring Schwab Crypto to five assets. Eligible customers pay a 0.75% transaction fee, with a $0.01 minimum.

Updated 2 min read
A passerby checks a smartphone outside Charles Schwab’s headquarters in Westlake, Texas. / EconoTimes.ai
A passerby checks a smartphone outside Charles Schwab’s headquarters in Westlake, Texas. / EconoTimes.ai

On Nov. 9, Charles Schwab announced that three additional cryptocurrencies were available to trade for eligible U.S. clients, bringing its digital-asset service to five listings across the brokerage’s platforms.

Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) are the new options, alongside Bitcoin (BTC) and Ether (ETH), the company said. Customers can trade on Schwab.com, Schwab Mobile and thinkorswim, where Schwab says users can view crypto alongside traditional investments.

An eligible Schwab brokerage account is required. The service is unavailable to residents of New York and Louisiana, U.S. territories and clients in international jurisdictions; Schwab also says not all customers qualify. The fee is 0.75% of a transaction’s notional value, with a $0.01 minimum. Schwab displays the fee before an order is submitted, although market movement can cause the estimate and final amount to differ.

Schwab began offering early access in May 2026 and opened the service to all eligible retail clients in October. The company announced the three planned additions on Aug. 27. EconoTimes previously covered Schwab’s planned token expansion and phased crypto-transfer rollout.

Joe Vietri, head of digital assets at Charles Schwab, said the expansion gives clients “greater choice and flexibility.” Schwab described the added cryptocurrencies as established assets that align with client demand and said it plans to add more digital assets over time.

Schwab reported $13.33 trillion in total client assets at quarter-end Sept. 30, up 15% from a year earlier. That company-wide figure does not represent assets in Schwab Crypto. Charles Schwab Premier Bank, SSB, a Member FDIC, offers the account, but Schwab says crypto holdings are not bank deposits and are not insured by the Federal Deposit Insurance Corp. (FDIC) or protected by the Securities Investor Protection Corp. (SIPC). The company also warns customers they could lose their entire investment.

The Nov. 9 announcement did not identify which digital assets Schwab may add next or provide a timetable for further additions.

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