Charles Schwab Crypto trading expansion to Solana, Avalanche and Chainlink, Digi Mart USA News: Charles Schwab, the large U.S. brokerage, has expanded its digital-asset trading service to five coins and entered the fee competition.
According to the company’s announcement on the 9th (local time), clients with a Schwab Crypto account can now trade Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) directly, in addition to the existing Bitcoin (BTC) and Ethereum (ETH).
The move shows that the 2026 race among Wall Street brokerages to let retail investors buy and sell crypto alongside stocks and retirement accounts has shifted into a price battle. As of Sept. 30, Charles Schwab managed $13.33 trillion in client assets and 40.3 million brokerage accounts.
The company’s crypto trading commission is 0.75% of the transaction value, with a minimum of $0.01, which works out to 75 cents on a $100 trade and $7.50 on a $1,000 trade.
Schwab stressed that it does not take the bid-ask spread and does not add a markup to quoted prices. Citing an April 2026 Barclays report, the company described its pricing as “among the lowest in the industry.” Morgan Stanley, however, charges 0.50% on its E Trade platform, below Schwab’s rate.
E Trade introduced crypto trading last May.
Joe Vietri, head of digital assets at Charles Schwab, said the firm “continues to expand Schwab Crypto so clients can invest more broadly and flexibly in digital assets alongside their existing investments.” The company said the newly added coins reflect a plan to add vetted cryptocurrencies that match client demand. Solana and Avalanche are blockchain networks used by developers to build apps and payment tools, while Chainlink is a network that supplies real-world data such as prices to blockchains.
Schwab Crypto began a pilot with select clients last May and opened to all eligible retail clients in October. Clients can view and trade stocks and crypto on a single screen through Schwab’s website, mobile app and the thinkorswim trading platform.
Orders can range from $1 to $2 million, and orders above $1 million must be placed as limit orders that execute only at a client-specified price. Trading runs nearly 24 hours a day, except for up to two hours of maintenance once a month.
Custody is handled by Charles Schwab Premier Bank, with Paxos Trust Company acting as sub-custodian. Most coins are held in cold storage, offline wallets that hackers cannot access.
The service also carries regional and functional limits. Accounts cannot be opened in New York, Louisiana or U.S.
territories, and beneficiaries cannot be designated on Schwab Crypto accounts. The company warned that crypto assets are not covered by Federal Deposit Insurance Corp.
(FDIC) insurance or Securities Investor Protection Corp. (SIPC) protection and that clients could lose their entire principal.
The expansion suggests that big brokerages’ push to bundle traditional and digital assets on a single platform is translating into pressure to cut fees. For retail investors, trading costs are falling and choices are widening, but the lack of deposit protection and regional access restrictions remain points to watch.
Schwab said it plans to add more cryptocurrencies and digital assets to Schwab Crypto going forward.
