Charles Schwab opens direct Bitcoin and Ethereum trading to retail clients
Charles Schwab has rolled out direct trading for Bitcoin and Ethereum across its retail platform, granting more than 40 million account holders native crypto access.
Charles Schwab has opened direct spot trading for Bitcoin and Ethereum to its retail clients, integrating native crypto access into its main brokerage platform. Schwab CEO Rick Wurster announced the completed rollout at the firm's Fall Business Update, stating that all clients can now access the Schwab Crypto service. The brokerage, which manages approximately $13.33 trillion in client assets across more than 40 million active brokerage accounts, selected Bitcoin and Ether as the initial launch assets.[1][2][3][5]
Execution and custody for Schwab Crypto are handled by Paxos, according to Bitcoin.com News, with transactions carrying a 0.75% flat fee. Clients can also begin transferring existing crypto holdings onto the platform, with inbound transfers currently supported for Ether over the Ethereum network and inbound Bitcoin transfers projected by the end of the year.[1][2][3][6]
Schwab plans to expand its digital asset offerings beyond the initial two tokens. According to reporting from Bitcoin.com News and Ethereum Daily, the brokerage intends to introduce trading support for Solana, Avalanche, and Chainlink before the end of 2026.[2][3][4]
Key facts
- Charles Schwab CEO Rick Wurster announced that all clients can access Schwab Crypto, completing the rollout of direct Bitcoin and Ether trading.
- Schwab reported $13.33 trillion in client assets and 40.26 million active brokerage accounts as of September 30.
- Paxos is managing order execution and custody for the Schwab Crypto service.
- Crypto trading on the platform carries a flat fee of 0.75%.
- Clients can transfer existing Ether holdings into Schwab, with inbound Bitcoin transfers expected by the end of 2026.
- Schwab plans to expand trading to Solana, Avalanche, and Chainlink by the end of 2026.
Sources · 6 sources
- EI
Ethereum Institutional@ethereuminstiPost on X ·
Charles Schwab has completed its rollout of direct ethereum:native trading. All clients can now access Schwab Crypto, CEO Rick Wurster said at the firm’s Fall Business Update yesterday. Clients can also begin transferring existing crypto holdings in. @CharlesSchwab at a glance: → $13.33 trillion in client assets as of 30 September → 40.26 million active brokerage accounts ETH is one of only two assets Schwab chose to open with, along with Bitcoin. Ethereum is the home of onchain finance.
Open source - ED
Ethereum Daily@ETH_DailyPost on X ·
🚨 Ethereum Gains Another Major TradFi Gateway Charles Schwab, which manages $13.33T in client assets across 40.3M active brokerage accounts, has launched direct Bitcoin and Ethereum trading for eligible retail clients. Here's why it matters for $ETH: • Massive distribution: Schwab gives millions of traditional investors a new way to access ETH. • More institutional integration: Crypto is becoming part of mainstream brokerage services, rather than remaining limited to crypto-native platforms. • More assets coming: Schwab plans to add Solana, Avalanche, and Chainlink trading by the end of 2026. ETH trading fees are set at 0.75%. Schwab is also gradually expanding crypto transfers in and out, with ETH transfers supported on the Ethereum network. Ethereum continues to gain access to traditional financial infrastructure. Schwab's scale could help bring ETH closer to mainstream investors, although actual adoption and capital inflows will determine the impact.
Open source - BC
Bitcoin.com News@BitcoinNewsPost on X ·
NEW: 🏦 Charles Schwab now lets its 40.1M retail clients buy and sell #Bitcoin and Ethereum directly through Schwab Crypto. Paxos handles execution and custody. 0.75% flat fee. Solana, Avalanche, and Chainlink planned by end of 2026. 💰 https://t.co/2ZLhW4xvb6
Open source - CB
Crypto BriefingArticle ·
Charles Schwab opens crypto to all clients, plans to add three new coins by year-end Schwab's crypto trading access could significantly boost mainstream adoption, influencing market dynamics and increasing transaction-based revenue. The post Charles Schwab opens crypto to all clients, plans to add three new coins by year-end appeared first on Crypto Briefing .
Open source - WG
Watcher.Guru@WatcherGuruPost on X ·
JUST IN: $13 trillion Charles Schwab fully launches Bitcoin & Ethereum trading to its 40 million eligible retail clients.
Open source - BA
Bitcoin Archive@BitcoinArchivePost on X ·
JUST IN: $13T giant Charles Schwab says spot Bitcoin trading is now fully available to its 40M clients. Inbound BTC transfers expected by year-end. 🚀🚀🚀🚀🚀🚀🚀 https://t.co/TA5sat5zr9
Open source