Charles Schwab, Who Manages $12 Trillion, Finally Made the Long-Awaited Bitcoin (BTC) and Ethereum (ETH) Announcement! Here Are the Details

Charles Schwab, one of Wall Street’s most prominent figures, is launching Bitcoin and Ethereum trading to join the competition.

Customers will soon be able to buy Bitcoin (BTC) and Ethereum (ETH) directly through Schwab Crypto.

According to the official announcement, Charles Schwab today announced Schwab Crypto, a spot cryptocurrency trading platform that will be gradually rolled out to retail customers in the coming weeks.

Accordingly, Schwab Crypto will provide direct access to buying and selling Bitcoin and Ethereum at affordable prices, along with experienced professional support.

“Schwab Crypto will include the following during its operation:

Direct buying and selling of Bitcoin and Ethereum, two of the best-known and most established cryptocurrencies, which make up approximately three-quarters of the cryptocurrency market.

Schwab.com, Schwab Mobile, and Schwab’s award-winning trading platform thinkorswim offer the ability to view and trade cryptocurrencies and traditional investments side-by-side.

Schwab offers award-winning, 24/7 support from thousands of experienced customer service representatives via phone or chat.

Offering one of the lowest prices in the industry, we charge a commission of 75 basis points on the dollar value of each transaction. Accordingly, the company will take a commission of 0.75% on each transaction.

Charles Schwab added that he plans to add more cryptocurrencies to the platform over time and offer both deposit and withdrawal services. According to Schwab, this will allow customers with existing digital asset investments to transfer these assets to Schwab’s platform, along with their other investments.

*This is not investment advice.

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