Charles Schwab Adds Spot Trading for Solana, Avalanche and Chainlink
Charles Schwab has expanded its cryptocurrency offering by adding spot trading for Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to its Schwab Crypto platform, extending access to digital assets through one of the largest retail brokerage firms in the United States.
The company announced the expansion on November 9. The three newly supported cryptocurrencies bring the platform's total number of tradable assets to five, alongside Bitcoin (BTC) and Ethereum (ETH).
The move gives Wu Blockchain eligible Schwab customers access to spot trading in three additional cryptocurrencies through the brokerage's dedicated crypto service. The expansion also broadens the range of digital assets available to retail investors using the platform.
Schwab Crypto Expands Beyond Bitcoin and Ethereum
Before the latest addition, Schwab Crypto supported Bitcoin and Ethereum. The inclusion of SOL, AVAX and LINK adds three prominent blockchain-related assets to that initial offering.
The platform began with an early-access launch in May before becoming available to all eligible retail clients in October. Schwab charges a 0.75% trading fee for transactions conducted through the service.
The rollout has therefore progressed from an initial early-access phase to broader availability among qualifying retail customers, with the November 9 announcement marking another expansion of its supported cryptocurrency selection.
Trading Availability Remains Limited to Eligible U.S. Customers
Despite the broader asset selection, Schwab Crypto is not available to every customer. The service is currently restricted to eligible clients in select U.S. states, with New York and Louisiana specifically excluded.
Customers outside the United States cannot access the service. The geographic restrictions mean that the addition of SOL, AVAX and LINK does not represent a global launch of Schwab's cryptocurrency trading offering.
With the latest expansion, Schwab Crypto supports five cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Avalanche (AVAX) and Chainlink (LINK). The platform's trading fee remains 0.75%, while access continues to depend on customer eligibility and state availability.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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