Schwab Opens Bitcoin and Ether Trading to Eligible Retail Clients
Photo: TokenPost
Charles Schwab has completed a broad rollout of direct Bitcoin (BTC) and Ether (ETH) trading for eligible retail customers, putting crypto purchases on the brokerage platform alongside stocks, bonds and exchange-traded funds. Customers can trade through Schwab.com, Schwab Mobile and thinkorswim. Paxos provides trade execution and secondary custody. Schwab charges a 0.75% fee, with transactions ranging from $1 to $2 million. Crypto holdings appear in customers’ existing Schwab accounts. Schwab is positioning crypto trading and prediction markets as additional sources of transaction-based revenue.
Source: TokenPost
