SCHWAB LAUNCHES CRYPTO TRADING WITH 0.75% FEES

Schwab's entry into crypto trading brings bitcoin and ether access to its existing client base. The 0.75% trading fee positions the offering competitively within the retail crypto market. The launch represents a significant step for the established brokerage, which has historically focused on traditional securities. Crypto products have become increasingly important to mainstream brokerages seeking to retain customers and capture new revenue streams. Schwab has not disclosed additional details about the platform's features, supported cryptocurrencies beyond bitcoin and ether, or account requirements. The service will integrate with Schwab's existing account infrastructure, allowing customers to manage crypto alongside stocks and bonds. The timing comes as institutional and retail interest in cryptocurrency remains volatile. Schwab's move signals continued confidence from major financial institutions in offering digital asset services to mainstream investors.