Charles Schwab's Schwab Crypto Launches Spot Trading for Solana, Avalanche and Chainlink
Charles Schwab announced on November 9, 2026, that the Schwab Crypto platform now supports spot trading in Solana (SOL), Avalanche (AVAX) and Chainlink (LINK). Customers can currently buy and sell five digital assets through the platform: Bitcoin (BTC), Ethereum (ETH), SOL, AVAX and LINK. A fee of 0.75% of the trade amount (75 basis points) is charged for each transaction.
Schwab Crypto began a phased rollout in May 2026, initially supporting only BTC and ETH, and was opened to all eligible retail customers in October 2026. Joe Vietri, the company's head of digital assets, said the company will continue expanding Schwab Crypto to give customers greater choice and flexibility, enabling them to allocate digital assets across a broader investment portfolio. The company also said it will gradually add more crypto assets and other digital assets in the future.
Original source:
Title: Charles Schwab Makes Solana, Avalanche and Chainlink Available to Trade Through Schwab Crypto™ Accounts Publisher: Charles Schwab Publication date: 2026-11-09 URL: https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Makes-Solana-Avalanche-and-Chainlink-Available-to-Trade-Through-Schwab-Crypto-Accounts/default.aspx Source nature: official announcement Verification status: full text actually read this time, verification date 2026-11-09, no access restrictions Supported content: support for SOL, AVAX and LINK going live, list of five assets, 0.75% fee, phased rollout in May and opening to eligible retail customers in October, future addition of more assets, and Joe Vietri's statement
ABAB AI Insight
Schwab Crypto was announced in April 2026, began early access with BTC and ETH in May, and was opened to all eligible retail customers in October. On November 9, it formally added SOL, AVAX and LINK, completing the three-asset expansion previewed on August 27. As head of digital assets, Joe Vietri oversees the product's phased expansion; the platform displays crypto trading alongside stocks, funds and other traditional holdings on Schwab.com, the mobile app and thinkorswim, and provides research and educational content from Schwab Center for Financial Research.
Each transaction carries a flat fee of 0.75% of the trade amount, and the product is offered by Charles Schwab Premier Bank, SSB. Accounts are currently available in all U.S. states except New York and Louisiana, and are not offered in U.S. territories or international jurisdictions. Unlike the maker-taker or tiered fee structures common on crypto exchanges, Schwab uses a uniform trade-amount-based pricing model and links digital assets to customers' existing brokerage accounts rather than requiring a separate crypto exchange account.
Compared with the paths other U.S. traditional brokers have taken since 2025 to offer direct spot crypto trading, Schwab started with BTC and ETH and then added three assets with higher market capitalizations and existing demand according to the announced schedule. The difference is that Schwab explicitly describes the 0.75% fee as being at a relatively low level in the industry and embeds the trading interface in its existing thinkorswim platform rather than offering only a standalone crypto entry point. The gap of about two and a half months between the August 27 preview and the November 9 launch suggests the pace of expansion was constrained by customer demand and internal preparation.
This launch allows Schwab retail customers to buy and sell five digital assets directly within a single account view, reducing the friction of moving from a traditional brokerage account to an external crypto exchange. The 0.75% flat fee and geographic restrictions (excluding New York and Louisiana) remain concrete constraints, and future asset additions will also depend on the company's plan to proceed gradually. Observable indicators include the specific list and timing of the next round of asset additions, and whether New York and Louisiana will be included after regulatory or operational adjustments.
ABAB News · Cognitive Law
After a traditional broker embeds spot crypto in its existing accounts and trading platform, customers can allocate multiple digital assets without opening a separate crypto exchange account.
Charging a fixed 0.75% fee based on trade amount creates a direct comparison between Schwab Crypto's pricing and the tiered or maker-taker models of crypto exchanges.