Charles Schwab adds Solana, Avalanche and Chainlink to Schwab Crypto

2 min read
Charles Schwab adds Solana, Avalanche and Chainlink to Schwab Crypto
PrimeXBT Editorial Team
Reviewed by PrimeXBT

Charles Schwab has added Solana, Avalanche and Chainlink to Schwab Crypto, bringing the platform to five digital assets for eligible US retail clients. Trades cost 0.75% of their dollar value, and the service stays closed to residents of New York and Louisiana.

Charles Schwab expanded Schwab Crypto to include Solana, Avalanche and Chainlink, letting eligible US retail investors buy and sell five digital assets directly through the platform. The three tokens, SOL, AVAX and LINK, now sit alongside Bitcoin and Ethereum, the first assets the service supported.

Clients can trade them through the same platforms they use for stocks and other traditional investments, without opening an account with a separate crypto exchange. Customers can trade SOL/USD, AVAX/USD and LINK/USD pairs.

Schwab Crypto grows from a May rollout

Schwab began offering direct trading to selected retail customers in May 2026 and opened Schwab Crypto to all eligible retail clients in October. The brokerage first outlined plans for the three tokens in an August announcement.

Joe Vietri, Schwab's head of digital assets, said the company is continuing to grow Schwab Crypto to give clients more options and flexibility in investing in digital assets alongside their broader holdings. Schwab said its selection of tokens rests on customer demand and a preference for established digital assets.

The company plans to add more tokens and digital asset products over time. However, it has not said which cryptocurrency it will list next.

Fees, access and limits

Schwab Crypto charges 75 basis points, or 0.75% of the dollar value of each trade. A $1,000 purchase therefore carries a $7.50 fee, and a $10,000 trade carries $75. Customers can trade through Schwab's website, mobile app and thinkorswim platform.

Access has limits. Eligible customers can open accounts in most US states, but residents of New York and Louisiana are excluded, and the service is unavailable in US territories and international jurisdictions.

Schwab's disclosures state that crypto holdings are not bank deposits and do not qualify for FDIC or SIPC coverage. The company also warns that digital assets can show substantial price volatility and that customers could lose their entire investment.

Sources: crypto.news, Crypto Briefing

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