Charles Schwab Adds Chainlink (LINK) to Schwab Crypto in Five-Token Expansion

Schwab Crypto Grows to Five Tokens

Charles Schwab's crypto platform has broken past the two tokens it launched with: Chainlink (LINK), Solana (SOL) and Avalanche (AVAX) became tradable on Schwab Crypto for eligible US retail clients on Monday, lifting the lineup to five digital assets. The brokerage confirmed the move in its official announcement, which lists the three tokens alongside Bitcoin and Ethereum, the only cryptocurrencies supported when the service began rolling out earlier in 2026. Clients buy and sell through spot trading pairs of LINK/USD, SOL/USD and AVAX/USD on the Schwab website, the mobile app or the thinkorswim platform, so the Chainlink price now sits in the same interface where customers follow their stocks, with no separate exchange account to open. Fees run at 75 basis points, or 0.75% of each trade's dollar value: a $1,000 purchase carries a $7.50 fee, and a $10,000 order costs $75. The three tokens went live together in a single update rather than one at a time, per the notice. Joe Vietri, head of digital assets at Charles Schwab, said the company was answering clients who wanted more flexibility in managing their holdings. “We continue to expand Schwab Crypto to give clients greater choice and flexibility in how they invest in digital assets alongside their broader investments,” Vietri said. Schwab also points customers to educational material from the Schwab Center for Financial Research, with support staff reachable by phone or chat around the clock.

Eligibility Stops at New York and Louisiana

Monday's update closes a process the brokerage signaled in August, when it first outlined plans to introduce these same three tokens beyond Bitcoin and Ethereum. Schwab Crypto opened to a select group of retail customers in May 2026 and became available to all eligible clients in October, so this is the first token slate added since the broader rollout. The service operates through Charles Schwab Premier Bank, SSB, a banking subsidiary of The Charles Schwab Corporation, while affiliate Charles Schwab & Co. performs certain operational functions. Access is geographic: accounts can be opened in most US states, but residents of New York and Louisiana are excluded, and the platform stays unavailable in US territories and international jurisdictions. The disclosures state that cryptocurrency holdings are not bank deposits and do not qualify for Federal Deposit Insurance Corporation or Securities Investor Protection Corporation coverage, that digital assets can swing hard enough to erase an investment entirely, and that Schwab can delay, change or withdraw support for any token over regulatory, market, operational or risk-related developments. On the newest addition itself: Chainlink (LINK) provides the infrastructure that connects blockchain applications with external information, including the financial market data that smart contracts consume, a role already visible in Polymarket's Chainlink oracle integration. Solana is a network for decentralized applications, payments and digital asset trading, while Avalanche supports applications and networks built for different purposes. Schwab plans to introduce more tokens and digital asset products over time but has not named the next candidates, and it says selection rests on customer demand and a preference for established digital assets.

For LINK specifically, the practical gain is distribution rather than liquidity. A brokerage client base that never opened a crypto exchange account can now buy the token outright, at a 0.75% fee that prices convenience above crypto-native spot rates but keeps everything inside one login. This is a purchase-only service, not contract trading: there is no leverage and no funding mechanics, and custody sits with the brokerage rather than with a customer-controlled private key. Schwab also retains the right to change the roster, so the five-token lineup is a snapshot rather than a fixed list. Crypto-native activity continues on its own track, from a whale's 10x long on Chainlink to 18 days of Binance outflows, and our Chainlink technical analysis page tracks where support and resistance sit as the new access channel beds in. The three altcoin listings round out a lineup Schwab says will keep growing.