"Schwab Crypto will let selected retail clients trade bitcoin and ethereum through linked accounts. Clients will use separate Schwab Crypto accounts offered by Charles Schwab Premier Bank, SSB, which will custody digital assets. Future updates may add more cryptocurrencies, deposits, and withdrawals for existing digital assets."
"Retail clients will maintain a separate Schwab Crypto account offered by Charles Schwab Premier Bank, SSB. The account links directly to their Schwab brokerage accounts. Charles Schwab Premier Bank will custody client digital assets and handle safekeeping and record-keeping. Paxos will provide sub-custody and trade execution services."
"At launch, Schwab Crypto includes bitcoin and Ethereum trading, education, research, Schwab Coaching content, and 24/7 phone or chat support. Pricing is 75 basis points on each trade's dollar value. Charles Schwab explained in an April press release: Schwab Crypto will provide direct access to bitcoin and ethereum trading, combined with educational content and experienced professional support all at a great value."
"Direct trading will appear across Schwab.com, Schwab Mobile, and thinkorswim. The company also outlined plans to add more cryptocurrencies over time. Future transfer features are expected to in"
Schwab Crypto is being rolled out to selected retail clients for spot trading in bitcoin and ethereum through Schwab-linked accounts. Clients use separate Schwab Crypto accounts offered by Charles Schwab Premier Bank, SSB, which link directly to their existing Schwab brokerage accounts. The bank provides custody, safekeeping, and record-keeping for digital assets. Paxos supplies sub-custody and trade execution services. At launch, the offering includes bitcoin and Ethereum trading, education, research, Schwab Coaching content, and 24/7 phone or chat support. Trading is priced at 75 basis points on each trade’s dollar value. Direct trading appears across Schwab.com, Schwab Mobile, and thinkorswim, with plans to add more cryptocurrencies and future transfer features.
Read at news.bitcoin.com
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