Charles Schwab: All customers can directly purchase Bitcoin
Oct 16, 2026 20:26:03
According to The Bitcoin Historian, Charles Schwab, which manages approximately $13 trillion in assets, has announced that all clients can now directly purchase Bitcoin within their accounts, involving over 40 million American users.
In April, Charles Schwab announced the launch of its spot crypto trading service Schwab Crypto, which is being rolled out in phases, supporting BTC and ETH trading, with a fee of 0.75% per transaction, provided by Paxos for sub-custody and trade execution. This service is currently not available to residents of New York and Louisiana.