Charles Schwab Opens Bitcoin And Ethereum Transfers As Crypto Rollout Expands

TL;DR: Charles Schwab is expanding its direct Bitcoin and Ethereum services, including phased external wallet transfers. The move brings digital asset ownership further into the company’s conventional brokerage experience. Charles Schwab is moving its cryptocurrency service closer to the features customers expect from a dedicated digital asset platform. The brokerage has been rolling out direct Bitcoin and Ethereum trading to eligible clients, and its latest account documentation explains how approved customers can transfer supported assets to and from external wallets. For Schwab, that is a meaningful step beyond providing market exposure inside an investment account. Buying Crypto Is Only The Beginning Brokerage customers increasingly want to decide whether to hold digital assets with a financial institution or move them to another approved custody arrangement. Schwab’s transfer functionality is being introduced in phases. Users must meet identity verification requirements and may encounter security checks and waiting periods for approved wallet addresses. The platform also continues to distinguish cryptocurrency from conventional insured bank deposits. The value of Bitcoin and E...