Charles Schwab has added spot trading for Solana, Avalanche and Chainlink to its Schwab Crypto service. The brokerage now offers five digital assets in total, including Bitcoin and Ethereum. The platform charges 75 basis points per trade and is available to customers in all states except New York and Louisiana.
The move brings cryptocurrency trading to Schwab's customer base, which holds $11.9 trillion in assets. Charles Schwab Premier Bank provides custody while Paxos handles trade execution. Morgan Stanley already offers similar services at a lower fee of 50 basis points. Schwab plans to add more digital assets gradually.
Read the full story on BSC News: Charles Schwab Adds Solana, Avalanche and Chainlink Spot Trading to Schwab Crypto Platform
Want the day's biggest crypto stories in one email each morning? Subscribe to The BSCN Debrief