Charles Schwab Adds Solana, Avalanche and Chainlink

Charles Schwab plans to add Solana, Avalanche and Chainlink to its crypto trading platform in the coming months, expanding beyond Bitcoin and Ether.

Schwab Crypto began rolling out to retail clients in May, offering direct BTC and ETH trading alongside traditional investments through the website, mobile app and thinkorswim. The firm said it would add more digital assets over time without specifying which, beyond the three now named.

The terms

Schwab charges 75 basis points — 0.75% — on the dollar value of each trade. The service is available in every US state except New York and Louisiana, and is not offered in US territories or internationally. Accounts are held through Charles Schwab Premier Bank with the affiliated brokerage handling execution.

Why the third token is the interesting one

Bitcoin and Ether were the safe opening position: both have futures markets, spot ETFs and years of regulatory argument behind them.

Solana, Avalanche and Chainlink are a step past that. Adding them means a mainstream brokerage has concluded the compliance risk of listing assets without the same regulatory scaffolding is now manageable — a judgement its competitors will be reading closely.

The 0.75% fee, meanwhile, is well above what a crypto-native exchange charges. Schwab is not competing on price; it is selling the ability to hold the asset in the same account as everything else you own.