Charles Schwab announced the planned launch of its spot crypto trading platform, Schwab Crypto, in a press release today, April 16. The platform offers Bitcoin (BTC) and Ethereum (ETH) trading to Schwab’s retail clients from within the existing platform, alongside traditional investments.
The phased rollout of the platform begins in the coming weeks, and will let Schwab's existing brokerage customers buy and hold BTC and ETH directly within their accounts, without leaving the platform. Trading will be priced at 75 basis points, per the release. The platform will also provide educational content and analysis.
Schwab first announced that it would offer retail crypto trading a year ago, stating at the time that the platform would by mid-April 2026.
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