Charles Schwab Plans to Add SOL, AVAX and LINK Trading in the Coming Months

Charles Schwab Plans to Add SOL, AVAX and LINK Trading in the Coming Months

N
News Editor
2026-08-29 03:09:53
Charles Schwab said Thursday it plans to add Solana, Avalanche and Chainlink to its crypto trading platform in the coming months, broadening its lineup beyond Bitcoin and Ethereum. The firm did not give a launch date. The move comes roughly three months after Schwab began rolling out direct Bitcoin and Ethereum trading to select retail clients, after previously limiting crypto exposure to exchange-traded products and stocks such as Coinbase and Strategy. Schwab said the three new tokens will be available across its website, mobile app and thinkorswim platform. The company set trading fees at 75 basis points, or 0.75%, equal to $7.50 on a $1,000 order, and said the rate is among the lowest in the industry. Schwab also reiterated its broader digital-asset push: it had said in 2024 that it would enter the market once U.S. regulation became clearer, then confirmed in April 2026 that Bitcoin and Ethereum trading would come first, followed by a phased client rollout in May. CEO Rick Wurster has also said the firm wants to explore a dollar-pegged stablecoin, though none has been announced.

Charles Schwab said Thursday it plans to add Solana, Avalanche and Chainlink to its crypto trading platform in the coming months, extending its offering beyond Bitcoin and Ethereum. The company did not provide a launch date.

The expansion follows Schwab’s rollout of direct Bitcoin and Ethereum trading to select retail clients about three months ago. Before that, customers could gain crypto exposure through exchange-traded products and shares of companies including Coinbase and Strategy, but they could not buy cryptocurrencies directly.

Joe Vietri, Schwab’s head of digital assets, said in a statement: "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." He added: "These additions are consistent with our approach to provide clients with access to familiar cryptocurrencies backed by an ecosystem of education, tools, resources, and support to make informed decisions about how crypto might fit into their broader investing goals."

What the three tokens do

Schwab described Solana as a network built for fast, inexpensive transactions and said it hosts applications for trading, payments and gaming. Avalanche, the company said, allows businesses and developers to create blockchains tailored to specific applications. Chainlink connects blockchains to outside information, supplying smart contracts with data such as asset prices.

Where trading will be available and what it will cost

Clients will be able to buy and sell the three cryptocurrencies on Schwab’s website, mobile app and thinkorswim trading platform, according to the company. Each trade will carry a fee of 75 basis points, or 0.75%. On a $1,000 transaction, that works out to $7.50. Schwab said the pricing is among the industry’s lowest.

Schwab’s timeline into spot crypto trading

In 2024, Schwab said it would enter the market once U.S. regulations offered a clearer path. The company later confirmed plans to start with Bitcoin and Ethereum in April 2026, followed by a phased rollout to clients in May.

Other digital-asset products under consideration

Schwab is also weighing other digital-asset offerings. CEO Rick Wurster said in 2025 that the company wanted to explore a dollar-pegged stablecoin, though it has not announced one.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
60

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.