Key Takeaways
- • Charles Schwab added Solana, Avalanche and Chainlink to Schwab Crypto on November 9, 2026, bringing its tradable crypto list to five assets alongside Bitcoin and Ethereum.
- • Schwab charges 75 basis points (0.75%) per crypto trade, equal to $7.50 on a $1,000 purchase and $75 on a $10,000 trade.
- • The service is blocked in New York, Louisiana, US territories and for international clients, and crypto holdings carry no FDIC or SIPC coverage.
- • Schwab says it selects tokens based on customer demand and a preference for established assets, and it has not disclosed which tokens may come next.
- • The expansion follows a staged rollout: selected clients in May 2026, all eligible retail clients in October, and the new listings about a month later.
Summary
Charles Schwab has added Solana, Avalanche and Chainlink to its Schwab Crypto platform, effective November 9, 2026. Eligible US retail clients can now trade the SOL/USD, AVAX/USD and LINK/USD pairs, joining Bitcoin and Ethereum for a total of five digital assets. Schwab had said in August that it planned to add three assets, and CoinMarketCap publicized the listing on the same date.
The rollout has been phased. Schwab began offering direct crypto trading to selected clients in May 2026 and opened the service to all eligible retail clients in October. The new listings arrived about a month after that wider launch. Schwab says it chooses tokens based on customer demand and favors established digital assets. Joe Vietri, Schwab's head of digital assets, said the firm continues to expand Schwab Crypto to give clients greater choice and flexibility in how they invest in digital assets.
Schwab charges 75 basis points on each crypto trade, or 0.75% of trade value. Clients can trade through Schwab.com, the Schwab Mobile app and the thinkorswim platform, with crypto holdings displayed alongside stocks and funds, so no separate exchange account is required. Research includes market commentary from the Schwab Center for Financial Research and educational content through Schwab Coaching. Support is available by phone or chat at any hour.
Access is restricted. The service is not offered in New York or Louisiana, in US territories, or to international clients. It runs through Charles Schwab Premier Bank, SSB, a banking unit of The Charles Schwab Corporation, with Charles Schwab & Co. handling some operations. Schwab states that crypto is not a bank deposit, carries no FDIC or SIPC coverage, can swing sharply in price, and may result in the loss of the full investment. Schwab may delay, change or end support for any token citing regulatory, market, operational or risk concerns, and says it will review each asset over time.
For context, Schwab reported $13.33 trillion in client assets as of September 30, up 15% from a year earlier, across 48.6 million client accounts, with $190.4 billion in quarterly core net new assets.
The rollout has been phased. Schwab began offering direct crypto trading to selected clients in May 2026 and opened the service to all eligible retail clients in October. The new listings arrived about a month after that wider launch. Schwab says it chooses tokens based on customer demand and favors established digital assets. Joe Vietri, Schwab's head of digital assets, said the firm continues to expand Schwab Crypto to give clients greater choice and flexibility in how they invest in digital assets.
Schwab charges 75 basis points on each crypto trade, or 0.75% of trade value. Clients can trade through Schwab.com, the Schwab Mobile app and the thinkorswim platform, with crypto holdings displayed alongside stocks and funds, so no separate exchange account is required. Research includes market commentary from the Schwab Center for Financial Research and educational content through Schwab Coaching. Support is available by phone or chat at any hour.
Access is restricted. The service is not offered in New York or Louisiana, in US territories, or to international clients. It runs through Charles Schwab Premier Bank, SSB, a banking unit of The Charles Schwab Corporation, with Charles Schwab & Co. handling some operations. Schwab states that crypto is not a bank deposit, carries no FDIC or SIPC coverage, can swing sharply in price, and may result in the loss of the full investment. Schwab may delay, change or end support for any token citing regulatory, market, operational or risk concerns, and says it will review each asset over time.
For context, Schwab reported $13.33 trillion in client assets as of September 30, up 15% from a year earlier, across 48.6 million client accounts, with $190.4 billion in quarterly core net new assets.
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