Charles Schwab Prepares Bitcoin and Crypto Trading Rollout

Charles Schwab says it is preparing to launch Bitcoin and cryptocurrency trading and expects to offer fees that rank among the lowest in the industry.

Summary

Charles Schwab, a financial services firm managing $12.6 trillion in assets, is preparing to roll out Bitcoin and cryptocurrency trading, according to the provided statement. The company also says its pricing will be among the lowest in the industry. The move points to continued expansion of crypto access through established financial platforms, where investors typically seek regulated and lower-cost exposure to digital assets.

Terms & Concepts
  • Bitcoin trading: The buying and selling of Bitcoin on a market platform, typically through spot transactions that give investors direct price exposure.
  • Cryptocurrency trading: The exchange of digital assets on a brokerage or trading platform, allowing users to buy and sell tokens based on market prices.
  • Assets under management: The total market value of client assets a financial firm oversees, commonly used as a measure of scale.