#SchwabPlansToAddSOLAVAXLINKTrading What Schwab’s Addition of SOL, AVAX, and LINK Means for Retail Investors
Charles Schwab’s decision to add Solana, Avalanche, and Chainlink to Schwab Crypto expands direct crypto access for its large retail client base of nearly 40 million brokerage accounts.
Previously limited to Bitcoin and Ethereum, the platform will soon offer five tokens. This allows clients to allocate to additional layer-1 networks (Solana and Avalanche) and oracle infrastructure (Chainlink) without leaving their existing Schwab relationship.
Trading occurs at a 0.75% fee with no separate custody charge under the current structure. Holdings appear alongside stocks and other assets in the same interface, simplifying portfolio management for investors who prefer a traditional brokerage environment over specialized crypto exchanges.
Geographic limits remain: the service is not available in New York or Louisiana. Schwab has also signaled that deposit and withdrawal features, as well as staking, are expected to develop over time. For registered investment advisers, broader spot crypto capabilities are targeted for mid-2027.
The expansion reflects Schwab’s measured approach—prioritizing established assets and client education rather than a rapid listing of many tokens.$SOL $AVAX $LINK
Charles Schwab’s decision to add Solana, Avalanche, and Chainlink to Schwab Crypto expands direct crypto access for its large retail client base of nearly 40 million brokerage accounts.
Previously limited to Bitcoin and Ethereum, the platform will soon offer five tokens. This allows clients to allocate to additional layer-1 networks (Solana and Avalanche) and oracle infrastructure (Chainlink) without leaving their existing Schwab relationship.
Trading occurs at a 0.75% fee with no separate custody charge under the current structure. Holdings appear alongside stocks and other assets in the same interface, simplifying portfolio management for investors who prefer a traditional brokerage environment over specialized crypto exchanges.
Geographic limits remain: the service is not available in New York or Louisiana. Schwab has also signaled that deposit and withdrawal features, as well as staking, are expected to develop over time. For registered investment advisers, broader spot crypto capabilities are targeted for mid-2027.
The expansion reflects Schwab’s measured approach—prioritizing established assets and client education rather than a rapid listing of many tokens.$SOL $AVAX $LINK