Schwab Adds Solana, Avalanche And Chainlink: How Its Crypto Fees Compare With Robinhood And Fidelity

What Did Schwab Add?

Schwab Crypto now offers bitcoin (BTC), ether (ETH), Solana (SOL), Avalanche (AVAX) and Chainlink (LINK). Schwab started rolling out Schwab Crypto to clients in May 2026 and opened it to all eligible retail clients in October, the press release says. Joe Vietri, Schwab's head of digital assets, said the company's focus remains on the experience and support clients expect from Schwab.

Schwab said it plans to add more coins over time. Its release also says Schwab may delay, change or drop support for any announced coin because of market, regulatory or operational developments.

Clients can trade crypto on Schwab.com, Schwab Mobile and thinkorswim, next to their stocks and funds. Trading runs nearly around the clock, apart from a monthly maintenance window of up to two hours, usually on a Saturday evening, according to Schwab's crypto FAQ.

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How Much Does Schwab Charge To Trade Crypto?

Schwab charges 0.75% of the dollar value of every crypto buy and sell, with a minimum fee of $0.01. On a $1,000 purchase, that's $7.50. Schwab says it doesn't add a markup to the price, and it shows the fee before you submit the order.

How the fee is applied depends on how you enter the order. On a dollar buy, the fee comes out of the amount you enter, so $1,000 buys about $993 of crypto. On a coin buy, the fee is added on top.

Order limits are generous for most people:

Source: Schwab Crypto FAQ, Nov. 11, 2026. Cult of Money.

Schwab calls its pricing "among the lowest in the industry," citing an April 2026 Barclays report on crypto pricing at brokers and exchanges.

Schwab Vs. Robinhood Vs. Fidelity For Buying Crypto

All three are stock brokers that now sell coins directly. Schwab's flat 0.75% fee is lower than Fidelity's 1%, Robinhood has far more coins, and Fidelity lets you hold coins directly in an IRA.

Robinhood's pricing is harder to see. Robinhood says standard orders are sent to market makers with no commission, and Robinhood earns volume rebates from those firms. Your cost is the spread built into the quoted price, which Robinhood doesn't publish. Orders sent to an exchange through Robinhood Legend or its advanced charts pay a posted fee instead: 0.95% for orders that fill right away and 0.50% for resting orders, for anyone trading less than $10,000 a month.

Fidelity charges a flat 1%. Fidelity says it charges 1% on every buy and sell in Fidelity Crypto accounts and Fidelity Crypto IRAs. It offers bitcoin, ether, Solana and Litecoin, plus its Fidelity Digital Dollar stablecoin, which trades without the fee. Trading runs 23 hours a day, from 1 a.m. to midnight Eastern time. Fidelity doesn't offer Avalanche or Chainlink, and Oregon residents can't buy Solana there.

Here's who each one fits best:

• Schwab Crypto is best for existing Schwab clients who want the largest coins next to their stocks for one flat fee that's lower than Fidelity's.
• Robinhood is best for people who want more coins than the big brokers offer and the freedom to move them to their own wallet.
• Fidelity Crypto is best for buying bitcoin, ether, Solana or Litecoin directly inside an IRA, which Schwab doesn't offer.

Our comparison of buying crypto through your stock broker also covers Webull and eToro.

Can You Move Crypto Out Of Schwab?

Only bitcoin and ether, and only in beta for now. Schwab's FAQ lists transfers as "Beta" for those two coins and "Coming soon" for Solana, Avalanche and Chainlink. Until that changes, the three new coins can only be sold for cash at Schwab.

Where transfers work, you have to enroll, add the outside wallet address to an allowlist and wait 24 hours before sending. Withdrawals are capped at three per 24 hours and $5,000 per transfer. Schwab doesn't charge its own fee to send or receive crypto, but you pay the blockchain network fee on anything you send.

If you plan to hold your own keys or use DeFi apps, that limit matters. Robinhood and Fidelity both let you send crypto to an outside wallet today, with no fee beyond the network fee, though crypto in a Fidelity Crypto IRA can't be transferred out.

Is Crypto At Schwab Protected?

Not the way your stocks and cash are. Schwab Crypto accounts are offered by Charles Schwab Premier Bank, SSB, a separate company from Schwab's brokerage. The crypto isn't a deposit, isn't FDIC-insured and isn't covered by SIPC, according to Schwab's disclosures.

Schwab says Premier Bank holds clients' coins with Paxos Trust Company providing sub-custody, mostly in offline cold storage. Schwab also says its Schwab Security Guarantee covers losses in any Schwab account from unauthorized activity, which protects you against someone breaking into your account, not against a drop in prices.

Why Is Schwab Adding Coins While Crypto Trading Slows?

Schwab is expanding as retail crypto trading cools at Robinhood, its biggest broker rival in crypto. Robinhood's app crypto trading volume fell 48% from a year earlier to $21 billion in the third quarter, and its crypto revenue fell 55% to $120 million, Robinhood reported on Oct. 27.

For Schwab, the bet is on its own clients. Someone who already holds an IRA and a brokerage account at Schwab can now buy Solana without opening an account at a crypto exchange, and Schwab collects the 0.75% fee on every trade.

What This Means For Your Money

If you're a Schwab client and want a small position in the largest coins, Schwab Crypto is now a reasonable one-stop option with a clear 0.75% fee. If you want more coins, staking or the ability to move everything to your own wallet, an exchange still does more. Our ranking of the best crypto exchanges compares the options.

A few things to check before you buy at any broker:

• Look at the full cost. A posted fee and a spread hidden in the price can add up to similar totals, so compare the amount of crypto you'd actually receive.
• Check transfer rules first. Coins you can't withdraw can only be sold back to that platform.
• Size it for the risk. Schwab's own disclosure warns that crypto can lose all its value, and none of these coins carry FDIC or SIPC protection.

FAQ

What Crypto Can You Buy On Schwab?

Schwab Crypto offers five coins: bitcoin, ether, Solana, Avalanche and Chainlink. Solana, Avalanche and Chainlink were added on Nov. 9, 2026, and Schwab says it plans to add more coins over time.

How Much Does Schwab Charge For Crypto?

Schwab charges 0.75% of the dollar value of each crypto buy and sell, with a $0.01 minimum fee. Schwab says it doesn't add a markup to the price, so a $1,000 trade costs $7.50.

Can I Buy Crypto In My Schwab IRA?

Not through Schwab Crypto. Schwab's FAQ says a Schwab Crypto account must link to an individual or joint brokerage account. In a Schwab IRA, you can buy spot bitcoin and ether ETFs instead. Fidelity is the big broker that sells coins directly inside an IRA, and our page on crypto in retirement accounts explains the options.

Is Schwab Crypto Available In New York?

No. Schwab Crypto accounts are available in every US state except New York and Louisiana, and not in US territories or other countries. Schwab says accounts may be restricted or closed if you move to an unsupported state.