Charles Schwab Launches Retail Trading for Bitcoin and Ethereum

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Charles Schwab has launched Bitcoin and Ethereum trading for eligible retail customers, as the Fear & Greed Index reflects shifting market sentiment. The firm, which manages $13.33 trillion in assets and serves 40.3 million brokerage accounts, plans to add Solana, Avalanche, and Chainlink by 2026. Trading volume is limited to $1 to $2 million per trade, with a 0.75% fee. The service is not available in New York, Louisiana, U.S. territories, or international markets.

Charles Schwab Launches Retail Trading for Bitcoin and Ethereum Gold Finance reports that financial services company Charles Schwab has completed the rollout of direct Bitcoin and Ethereum trading for eligible retail clients. The company manages approximately $13.33 trillion in client assets and serves 40.3 million active brokerage accounts. Charles Schwab CEO Rick Wurster stated that the company is phasing in cryptocurrency deposit and withdrawal functionality and plans to add trading for Solana, Avalanche, and Chainlink by the end of 2026.
Current transfers support the Bitcoin and Ethereum networks, and withdrawal addresses must be pre-registered. Schwab Crypto’s transaction fee is 0.75%, with a minimum transaction amount of $1 and a maximum of $2 million per transaction. Rick Wurster stated that cryptocurrency trading will become one of the new revenue streams based on transactions; the platform is currently not available in New York State, Louisiana, U.S. territories, or international markets.

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