Charles Schwab Adds Solana, Avalanche and Chainlink Trading
Charles Schwab has expanded its retail crypto platform to support Solana, Avalanche and Chainlink alongside Bitcoin and Ethereum.
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, according to https://genfinity.io/.
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.
Instant Telegram notifications for large on-chain moves.
Platform Expansion and Asset Support
The brokerage stated that the three tokens, SOL, AVAX and LINK, are now available alongside Bitcoin and Ethereum. 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 customer demand for more flexibility in managing digital asset investments alongside broader portfolios.
Fees and Geographic Restrictions
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 pays $7.50 in trading fees, while a $10,000 transaction carries a $75 fee.
Despite the expansion, the service remains unavailable in New York, Louisiana, US territories, and international jurisdictions. Schwab disclosed that cryptocurrency holdings are not bank deposits and do not qualify for Federal Deposit Insurance Corporation or Securities Investor Protection Corporation coverage.
Key facts
- Charles Schwab added Solana, Avalanche and Chainlink to Schwab Crypto.
- Transaction fees are set at 0.75% of the dollar value of each trade.
- The service is unavailable to residents of New York and Louisiana.
- Holdings are not covered by FDIC or SIPC protection.
Source: news.google.com
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