Schwab Crypto Adds SOL, AVAX, LINK

Charles Schwab is deepening its reach into direct cryptocurrency trading. On August 27, the firm announced that Schwab Crypto would allow for more than just Bitcoin and Ethereum by adding the assets of Solana, Avalanche, and Chainlink.

The three altcoins are not available yet. Schwab says that SOL▲$82.41, AVAX▲$6.98, and LINK▲$7.97 will be added in the coming months, giving clients direct access to five cryptocurrencies.

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That is important because Schwab is one of America’s largest financial institutions with more than $13 trillion in client assets. Bringing altcoins into the same environment where millions of investors already trade stocks, ETFs, options, and bonds would represent another step toward making crypto part of mainstream finance.

What Is Schwab Crypto?

Schwab Crypto is Charles Schwab’s direct spot cryptocurrency trading service.

The company began rolling it out to retail clients in May 2026 with Bitcoin and Ethereum: unlike buying a Bitcoin ETF, direct trading would give clients exposure to the cryptocurrency itself and not a fund holding it.

Schwab integrated crypto with its existing investing ecosystem, allowing users to view and trade digital assets with traditional investments through Schwab.com, Schwab Mobile, and thinkorswim. Crypto uses a separate account offered by Charles Schwab Premier Bank. SSB acts as custodian and record keeper. Paxos provides sub-custody and trade execution infrastructure. The company charges 0.75% of the dollar value of each transaction, with advertising zero additional spread.