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Charles Schwab Opens Bitcoin and Ethereum Trading to U.S. Retail Investors, Phasing in Support for External Wallet Transfers
Bitcoin News on X reported that Charles Schwab has officially launched Bitcoin and Ethereum trading services for eligible retail customers across the U.S. on its existing investment platform: a 0.75% trading fee applies per trade (minimum $1), with a per-trade limit of $2 million. The transfer functionality for digital assets between Schwab accounts and external wallets is being rolled out in phases; users must pre-register withdrawal addresses and complete security verification. Paxos Trust Company provides custody, trade execution, and settlement support; note that such digital assets are not covered by SIPC or FDIC insurance.