Charles Schwab Adds Solana, Avalanche and Chainlink to Spot Crypto Trading

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Schwab adds SOL, AVAX, LINK, expanding crypto offerings to five assets, signaling mainstream brokerages’ deeper crypto integration.
0.75% fee and state restrictions limit access, highlighting regulatory and cost challenges for retail crypto adoption.
Avalanche’s selection by NYSE for tokenized stock settlement underscores blockchain’s growing role in traditional finance infrastructure.

Charles Schwab, the largest U.S. retail brokerage, has expanded its cryptocurrency trading service by adding Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to its platform. The move gives eligible U.S. customers more digital assets to buy and sell directly through Schwab Crypto accounts.

With the latest addition, customers can now trade five cryptocurrencies on the platform, according to the press release on November 9. Bitcoin (BTC) and Ethereum (ETH) were the first two assets supported when the service began its rollout. The addition of SOL, AVAX, and LINK now gives customers more choices beyond the two largest cryptocurrencies. 

However, Schwab charges a 0.75% trading fee, and the service remains limited to eligible customers in selected U.S. states.

Schwab Expands Its Crypto Trading Service

The latest development follows several months of work to bring cryptocurrency trading to Schwab customers. The company first introduced its crypto service in May 2026, when it began giving a limited number of customers access to Bitcoin and Ethereum trading.

At the time, the service marked Schwab’s move into direct cryptocurrency trading. Customers could buy and sell the two digital assets through Schwab Crypto accounts while also managing their traditional investments through the brokerage.

The company later expanded access on October 16, making the service available to more eligible retail customers. This ended the initial limited rollout and allowed a wider group of clients to trade Bitcoin and Ethereum through the platform.

The November 9 announcement takes that expansion further by bringing three more cryptocurrencies to the service. Customers who previously had access to only BTC and ETH can now also trade SOL, AVAX, and LINK through their Schwab Crypto accounts.

However, not everyone can use the service. Schwab currently offers crypto trading only to eligible customers in selected U.S. states. New York and Louisiana are excluded, while customers living outside the United States cannot access the platform.

Avalanche Gets More Attention From Traditional Finance

Meanwhile, Avalanche has also gained a place in another major development involving traditional financial markets. The New York Stock Exchange (NYSE) has selected the blockchain network to handle the settlement of its planned tokenized stocks platform.

The exchange plans to use Avalanche as the platform’s main clearing and settlement network. This means the blockchain will help support the process of recording and completing transactions involving tokenized stocks.

According to Avalanche, the planned system will support trading, clearing, and settlement around the clock. This would allow the platform to operate 24 hours a day, seven days a week.

“Avalanche will support the platform’s clearing firm, supporting the development of infrastructure for 24/7 trading, clearing, and settlement,” the network said in an X post.

The NYSE is targeting a launch before the end of 2026, although the plan still requires approval from the U.S. Securities and Exchange Commission (SEC). 

The NYSE development adds to Avalanche’s growing involvement in traditional financial services. However, the partnership is separate from Schwab’s decision to add AVAX to its crypto trading platform.

With SOL, AVAX, and LINK now available alongside Bitcoin and Ethereum, Schwab has increased the number of cryptocurrencies its eligible customers can trade directly through its platform.

Also Read: Coinbase and PNC Partners to Expand Stablecoin Payment Acceptance

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