Charles Schwab has expanded its cryptocurrency trading services by adding Solana (SOL), Avalanche (AVAX), and Chainlink (LINK). The move gives eligible retail investors more options through Schwab Crypto, strengthening the brokerage’s presence in the growing digital asset market. Announced November 9, the expansion increases the platform’s supported cryptocurrencies to five. Investors can now trade these three altcoins alongside Bitcoin and Ethereum.
Schwab Expands Its Digital Asset Offering
The latest additions reflect Schwab’s efforts to meet growing client demand for established cryptocurrencies. Besides expanding asset choices, the platform allows customers to manage crypto and traditional investments through the same ecosystem.
Schwab launched early access in May 2026 before opening the service to eligible retail clients in October. Moreover, its platform integrates with Schwab.com, Schwab Mobile, and thinkorswim.
Trading Access Remains Limited
However, Schwab Crypto currently serves eligible customers in select US states. Residents of New York and Louisiana cannot access the service. Additionally, international investors remain excluded.
Schwab charges a 0.75% trading fee on each transaction’s dollar value. Consequently, investors should consider trading costs when evaluating the platform.
Significantly, Schwab plans to introduce more cryptocurrencies over time. This expansion could strengthen competition among traditional brokerages entering digital asset trading.
Related: New Zealand Stablecoins Could Face New Reserve and Redemption Rules
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