INTEL: Charles Schwab adds Solana, Avalanche and Chainlink spot trading to Schwab Crypto
Charles Schwab has added spot trading for Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to its Schwab Crypto platform, according to a company press release. The brokerage, which manages about $13 trillion in client assets, now offers five cryptocurrencies to eligible retail clients.
The three tokens join Bitcoin (BTC) and Ether (ETH), which were already available on the platform. Clients can buy and sell all five assets through Schwab Crypto. Schwab charges a 0.75% fee on each trade.
How Schwab Crypto has rolled out
Schwab Crypto began a phased launch in May this year. Since October it has been open to all eligible retail clients. Schwab had earlier signalled plans to list SOL, AVAX and LINK, and the release confirms the three are now live.
Schwab said it intends to add more crypto assets to the platform over time. The release names no further tokens and gives no timetable for additions.
