Charles Schwab announced on November 9 that Solana, Avalanche and Chainlink are now available for direct trading through its Schwab Crypto accounts. The move brings the total number of supported cryptocurrencies to five, joining bitcoin and ether, which had been the platform’s initial offerings.

Eligible retail clients can buy and sell the tokens as SOL/USD, AVAX/USD and LINK/USD pairs. The expansion follows an earlier plan disclosed in August to introduce the three assets, which the company described as established cryptocurrencies aligned with client demand.

Platform Rollout Timeline

Schwab Crypto began with an early-access phase in May 2026 limited to selected clients trading bitcoin and ether. Access expanded to all eligible retail clients in October. The November listings fulfilled a timetable referenced by company executives earlier in the year for additional coins before year-end.

Clients access the service through Schwab.com, the Schwab Mobile app and the thinkorswim trading platform. Cryptocurrency holdings appear alongside traditional investments such as stocks and funds, allowing integrated portfolio management without separate exchange accounts.

Vietri added that the firm’s focus remains on delivering the experience, value, education and support clients expect from Schwab. The company stated it plans to introduce further cryptocurrencies and digital assets over time, though no specific next tokens were named.

Trading Fees, Custody and Support

Each transaction carries a fee of 75 basis points, or 0.75 percent of the dollar value of the trade, with a minimum of one cent. On a $1,000 purchase the fee equals $7.50. The company described the pricing as among the lowest in the industry.

Charles Schwab Premier Bank, SSB, serves as custodian for the assets. Paxos provides sub-custody and trade execution services. Clients fund accounts by transferring cash from linked brokerage accounts. Order types include market, limit, stop and stop-limit, entered in either dollar amounts or coin quantities. Mobile users can set price alerts.

Educational resources include research and commentary from the Schwab Center for Financial Research along with crypto-focused content through Schwab Coaching. Round-the-clock support is available by phone or chat.

Eligibility Limits and Risk Disclosures

Schwab Crypto accounts are available in all U.S. states except New York and Louisiana. The service is not offered in U.S. territories or international jurisdictions. Not all clients qualify, and accounts may face restrictions or closure if a client relocates to an unsupported area.

Cryptocurrency holdings are not bank deposits, carry no FDIC insurance and receive no SIPC protection. The company states that digital assets are highly volatile and that investors can lose their entire principal. Schwab retains the right to delay, modify or withdraw support for any asset based on market, regulatory, operational or risk-related developments.

Charles Schwab reported $13.33 trillion in client assets as of September 30, along with 48.6 million client accounts. The brokerage continues to position digital assets as one component of broader investment strategies available to its retail base.