Schwab Adds SOL, AVAX, and LINK to Crypto Platform

Charles Schwab has announced plans to add Solana (CRYPTO:SOL), Avalanche (CRYPTO:AVAX), and Chainlink (CRYPTO:LINK) to its retail crypto trading platform 'in the coming months.'

The move is expected to affect 39.9 million account holders, although it's worth noting that a listing and demand event are different things.

Schwarz will charge a fee of 75 basis points, or 0.75% of the dollar value of each trade, which is higher than what crypto-native venues typically charge.

The announcement did not say that any client has requested SOL, AVAX or LINK, and did not project trading volumes or disclose a timeline beyond 'coming months.'