Schwab Crypto Opens to All Retail Clients via Paxos Sub-Custody
Charles Schwab completed the full retail rollout of Schwab Crypto, giving all eligible U.S. brokerage clients access to Bitcoin and Ether trading, with crypto transfers now live on the Bitcoin and Ethereum networks. Assets are held by Paxos Trust Company and fall outside SIPC and FDIC protection. The fee is 0.75% per trade.
- Schwab Crypto is now available to all U.S. brokerage clients
- Assets are held by Paxos, outside SIPC and FDIC protection
- Fee is 0.75% per trade, $1 minimum, $2M maximum
- Schwab took an equity stake in Paxos in Q2 2026
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