Charles Schwab to add SOL, AVAX and LINK trading

Charles Schwab has announced plans to add Solana, Avalanche and Chainlink to its crypto platform in the coming months, extending direct trading beyond Bitcoin and Ethereum for its U.S. retail clients. Summary Schwab Crypto will add SOL, AVAX and LINK, taking its planned token lineup to five. The brokerage reported $13.1 trillion in client assets and 39.8 million active accounts in the second quarter. SOL rose more than 9% over 24 hours, while AVAX and LINK recorded smaller gains. Schwab charges 0.75% per crypto transaction and plans to add more digital assets over time. Charles Schwab selects three established altcoins Charles Schwab said in an Aug. 27 announcement that clients will be able to buy and sell Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) through Schwab Crypto in the coming months. A launch date was not disclosed. Schwab also did not say whether all three assets would become available at the same time or whether access would follow the phased approach used for its first crypto products. The additions will take Schwab Crypto’s planned selection from two assets to five. Bitcoin and Ethereum were the only cryptocurrencies available when direct trading began earlier...