Charles Schwab Brings Spot Crypto Trading to Millions of US Brokerage Clients

Apr 16, 2026

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255 User Rating

Key Takeaways:

Charles Schwab launches Schwab Crypto with bitcoin and ethereum trading at 75 basis points per trade. Paxos, an OCC-regulated provider, handles sub-custody and execution for Schwab’s new crypto platform. Schwab plans to add more cryptocurrencies and transfer capabilities beyond the initial phased rollout in 2026. Schwab Crypto Platform to Offer Bitcoin and Ethereum Alongside Traditional Investments

Trading will be available on Schwab.com, the Schwab Mobile app, and thinkorswim, the firm’s trading platform. Clients will also have access to 24/7 phone and chat support from Schwab service professionals.

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