Schwab adds Solana, Avalanche and Chainlink to its crypto accounts

Charles Schwab enabled trading in SOL, AVAX and LINK on 9 November, expanding Schwab Crypto from two assets to five. Eligible US customers can trade them alongside Bitcoin and Ethereum; each trade costs 0.75% of its dollar value.

The addition is live, rather than another announcement of an intention to list. Schwab says its crypto service reached all eligible retail clients in October after early access began in May. The new assets appear alongside traditional investments across its web, mobile and thinkorswim platforms.

Availability has geographical limits. Accounts exclude New York, Louisiana, US territories and customers outside the United States. The company distinguishes the coins from deposits and securities: the crypto itself has neither FDIC insurance nor SIPC protection. Seeing it beside a brokerage portfolio does not give it the same coverage.

For existing Schwab customers, the practical development is access through a familiar financial-services relationship. The release establishes trading support for three named assets; it does not announce staking or an opening to every token. Further additions remain future intentions. Independent reporting from Unchained confirms the three additions and notes that Schwab first signalled them in August.