Schwab Expands Crypto Platform with Solana, Avalanche, and Chainlink

Charles Schwab is expanding its cryptocurrency trading service to include three new digital assets: Solana (SOL), Avalanche (AVAX), and Chainlink (LINK). The additions come after a successful rollout of Bitcoin (BTC) and Ethereum (ETH) trading in May.

The move is part of Schwab's strategy to provide clients with more choices for building a digital asset allocation. 'With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,' said Joe Vietri, Head of Digital Assets.

Schwab Crypto offers direct access to trading, in-depth education resources, and 24/7 support. Trading fees are 75 basis points. The service is offered by Charles Schwab Premier Bank SSB and subject to eligibility requirements along with standard risk disclosures for cryptocurrencies.