#SchwabCryptoGoesLive

About SchwabCryptoGoesLive

Charles Schwab officially began its phased rollout of retail spot crypto trading on May 13, starting with BTC and ETH at a flat 0.75% fee per trade. Crypto assets are custodied separately by Charles Schwab Premier Bank, independent from existing brokerage accounts. Schwab currently manages roughly $12 trillion in client assets. The service is temporarily unavailable in New York and Louisiana due to state-level regulatory requirements, with plans to expand to more tradable assets.