- Charles Schwab launches spot crypto trading
- Users can trade Bitcoin and Ethereum directly
- No deposits or withdrawals at launch
- Marks a major step into crypto for traditional finance
Schwab Enters Direct Crypto Trading
Charles Schwab has started rolling out its crypto platform, giving clients direct access to trading Bitcoin and Ethereum.
This is the company’s first move into direct spot trading, beyond ETFs and derivatives.
How the Platform Works
Users will trade through dedicated crypto accounts linked to their existing brokerage accounts.
At launch, assets cannot be deposited or withdrawn, meaning all trading happens داخل the platform.
Gradual Rollout With Limits
The service will be released in phases and is not available in all regions.
Schwab plans to expand features over time, including adding more assets and enabling transfers.
Big Signal From Traditional Finance
With trillions in client assets, Schwab’s entry into crypto shows how large financial institutions are continuing to move into the space.