Schwab Crypto Adds Solana, Avalanche and Chainlink, Expanding Offering to Five Assets
By Tanya Chepkova
AI summary of the source article
Schwab Crypto has added Solana, Avalanche, and Chainlink alongside Bitcoin and Ether, expanding its offering to five digital assets for eligible US retail clients starting November 9.
Why it matters
Charles Schwab described the launch as a way for customers to "conduct more of their financial activities with the firm and eventually bring existing digital assets onto its platform."
Key facts
- Eligible retail clients can buy and sell SOL, AVAX, and LINK against the US dollar starting November 9.
- Schwab charges a 0.75% fee per purchase or sale, with a $0.01 minimum fee.
- The service operates in all US states except New York and Louisiana, with Paxos providing sub-custody and trade execution.
Source excerpt · Finance Magnates
Schwab Crypto has added Solana, Avalanche and Chainlink alongside Bitcoin and Ether, bringing its supported cryptocurrencies to five. Eligible retail clients can buy and sell SOL, AVAX and LINK against the US dollar from November 9, Charles Schwab announced. The US brokerage first announced plans for the three additions in August. Their launch follows the broader rollout of Schwab Crypto, which be…