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<h2 id="b-tldr-b">TLDR:</h2>
<ul>
 <li>Schwab Crypto launches spot Bitcoin and Ethereum trading in phased retail rollout across US clients</li>
 <li>Service charges 75 basis points per trade while integrating crypto into Schwab brokerage ecosystem</li>
 <li>Paxos provides OCC-regulated custody and execution infrastructure for Schwab Crypto trading system</li>
 <li>Schwab plans future expansion into additional cryptocurrencies and crypto transfer functionality support</li>
</ul>
Charles Schwab has introduced Schwab Crypto, a spot trading service for <a href="https://blockonomi.com/walmart-backed-onepay-rapidly-expands-crypto-portfolio-beyond-bitcoin-and-ethereum/" rel="noopener noreferrer nofollow">Bitcoin and Ethereum</a> aimed at retail investors.&nbsp;
The rollout will begin in phases over the coming weeks, starting with access to the two largest digital assets by market capitalization. The firm is integrating crypto trading directly into its brokerage ecosystem alongside existing investment tools.
<a href="https://blockonomi.com/charles-schwab-schw-stock-climbs-on-stellar-q1-earnings-beat/" rel="noopener noreferrer nofollow">Schwab</a> positions the service as a unified entry point for traditional and digital asset exposure.
<h2 id="b-schwab-crypto-spot-trading-rollout-targets-bitcoin-and-ethereum-access-b">Schwab Crypto spot trading rollout targets Bitcoin and Ethereum access</h2>
Schwab Crypto will initially support direct spot trading in Bitcoin and Ethereum for retail clients. The rollout is expected to expand gradually across Schwab’s existing user base over the coming weeks.
According to the <a href="https://www.businesswire.com/news/home/20260415851080/en/Charles-Schwab-Announces-Details-of-Spot-Crypto-Trading-Launch" rel="noopener noreferrer nofollow">company’s release</a>, Bitcoin and Ethereum account for roughly three-quarters of the total cryptocurrency market capitalization. This focus places the service on the most liquid and widely held digital assets at launch.
The platform will charge 75 basis points per trade, positioning Schwab within a competitive but premium brokerage pricing structure. The fee model applies to the dollar value of each executed transaction.
A Schwab investor survey of nearly 500 respondents highlighted demand for low fees, brand trust, and secure custody. These factors influenced the design of the Schwab Crypto offering and rollout strategy.
<div class="embed-twitter">
 <blockquote class="twitter-tweet">
 Charles Schwab today announced "Schwab Crypto," a spot crypto trading offer that will begin a phased rollout to retail clients in the coming weeks. Schwab Crypto will provide direct access to Bitcoin and Ethereum trading, combined with educational content and experienced…
 — Watcher.Guru (@WatcherGuru) <a href="https://twitter.com/WatcherGuru/status/2044779547388760366?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 16, 2026</a>
 </blockquote>
</div>
<h2 id="b-schwab-crypto-custody-structure-and-paxos-infrastructure-partnership-b">Schwab Crypto custody structure and Paxos infrastructure partnership</h2>
Schwab Crypto accounts will operate separately from traditional <a href="https://moneycheck.com/grayscale-zcash-trust-offers-u-s-investors-exposure-to-zec-through-brokerages/" rel="noopener noreferrer nofollow">brokerage holdings</a> while remaining linked within the same ecosystem. Clients will access crypto through Schwab Crypto, issued via Charles Schwab Premier Bank.
The bank will act as custodian of digital assets, managing safekeeping and record-keeping responsibilities. This structure keeps crypto holdings distinct while still integrated into the broader Schwab account environment.
Paxos, an OCC-regulated <a href="https://parameter.io/ethereum-takes-steps-toward-quantum-resistant-blockchain-infrastructure/" rel="noopener noreferrer nofollow">blockchain infrastructure</a> provider, will handle sub-custody and trade execution. The partnership reflects a regulated model designed for institutional-grade digital asset operations.
Schwab has also integrated crypto trading with its existing platforms, including Schwab.com, mobile apps, and thinkorswim. Future updates are expected to include additional cryptocurrencies and transfer capabilities for deposits and withdrawals.
The post <a href="https://blockonomi.com/schwab-crypto-launches-spot-bitcoin-and-ethereum-trading-in-phased-rollout/" rel="noopener noreferrer nofollow">Schwab Crypto Launches Spot Bitcoin and Ethereum Trading in Phased Rollout</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.

Schwab Crypto Launches Spot Bitcoin and Ethereum Trading in Phased Rollout

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