Schwab Crypto clients can now buy and sell Solana, Avalanche and Chainlink, adding three assets to a lineup that already included Bitcoin and Ethereum. Charles Schwab announced the change on November 9, bringing the service’s supported digital assets to five.
The expansion is live, rather than a promise of a future token listing. But it is not global access or commission-free trading: the company’s official announcement sets out important pricing, eligibility and protection limits.
Can you buy Solana, Avalanche and Chainlink on Schwab?
Yes, through an eligible Schwab Crypto account. The new trading pairs are SOL/USD, AVAX/USD and LINK/USD. Schwab says its direct digital-asset trading is integrated with Schwab.com, Schwab Mobile and thinkorswim.
This is an expansion of an existing service, not the debut of Schwab Crypto itself. Early access began in May 2026, followed by availability to all eligible retail clients in October. CryptoSlate’s November 10 coverage also confirmed the three-token addition and that rollout sequence.
Direct token trading should not be confused with buying a fund that has a crypto-related strategy. As our look at Bitcoin DRIP ETFs and their stock-focused structure illustrates, a product’s crypto label does not tell investors exactly what they own.
Who is eligible, and which states are excluded?
Schwab says the accounts are available in U.S. states except New York and Louisiana. U.S. territories and international jurisdictions are excluded, and not every client will qualify. The announcement therefore does not open the product to customers worldwide.
The company also warns that an account may be restricted or closed if a customer moves to an unsupported jurisdiction. The relevant question is whether the customer and account meet the service’s requirements, not simply whether a cryptocurrency appears in the advertised lineup.
What are Schwab Crypto’s trading fees?
The release states pricing of 75 basis points, or 0.75%, on the dollar value of each trade. That is a per-trade charge, not a promise of free crypto trading.
The announcement does not provide a complete breakdown of spreads, minimum charges or transfer-related costs. Its headline rate should not be presented as a verified all-in cost for every possible transaction. It also does not establish self-custody or blockchain-withdrawal features.
Is Schwab Crypto FDIC insured or SIPC protected?
No. Although the account provider, Charles Schwab Premier Bank, SSB, is an FDIC member, Schwab expressly says the cryptocurrencies are not deposits, are not FDIC insured and are not SIPC protected. They are not backed or guaranteed by the bank, a central bank or a government.
A familiar financial brand does not remove token-price risk. The recent Bitcoin and Ether selloff is a reminder that even the largest assets can move sharply. Schwab also reserves the right to delay, modify or withdraw asset support for market, regulatory, operational or risk reasons.
