Exchanges & Brokers
Schwab Crypto Guides for US Users
Schwab Crypto is Charles Schwab’s account for buying, selling, and holding cryptocurrency directly, next to your other Schwab investments. It’s offered by Charles Schwab Premier Bank, SSB, linked to a Schwab brokerage account, and available in every state except New York and Louisiana. Right now it supports bitcoin and ether, for a 0.75% fee on each trade.
These guides cover the whole journey: what Schwab Crypto is and what the 0.75% fee really costs, how it compares with Coinbase, E*Trade, and bitcoin ETFs, how to open an account and buy or sell, whether you can move crypto in or out, how safe it is, and what to do when your crypto isn’t showing. Each one is based on Schwab’s own pages and disclosures, lists its sources, and shows when it was last checked.
Get help only through Schwab.com, the Schwab Mobile app, or the contact options on Schwab’s own Schwab Crypto pages. Schwab says it will never ask for your passkey or ask you to send coins to an outside wallet.
- 14 guides
- Updated
Overview & trust
- Schwab Crypto Explained: Fees, Coins, States & How It Works Schwab Crypto lets you buy bitcoin and ether next to your Schwab investments for 0.75% a trade. How it works, who can open one, and what it can't do yet. Updated
- Is Schwab Crypto Safe? Custody, Paxos & Insurance Explained Schwab's bank holds your crypto with Paxos as sub-custodian, mostly offline. It isn't FDIC- or SIPC-insured, but Schwab's Security Guarantee applies. Updated
- Schwab Crypto Fees: What the 0.75% Charge Really Costs You Schwab Crypto charges 0.75% per buy or sell, $0.01 minimum: $7.50 on a $1,000 trade, about 1.5% round trip. See every fee, example, and how it's applied. Updated
- What Coins Can You Buy on Schwab Crypto? Schwab Crypto supports bitcoin and ether. Solana, avalanche, and chainlink were announced for the coming months. What you can trade, transfer, and when. Updated
- Is Schwab Crypto Available in New York or Louisiana? No. Schwab Crypto is open in every state except New York and Louisiana, and not in U.S. territories. What it means, what happens if you move, and options. Updated
How-to guides
- How to Open a Schwab Crypto Account (Step-by-Step) Open Schwab Crypto from an individual or joint Schwab brokerage account: apply, wait up to 2 business days for approval, then add cash. Steps and fixes. Updated
- How to Buy Bitcoin on Schwab Crypto Buy bitcoin on Schwab.com, Schwab Mobile, or thinkorswim: enter BTC/USD, pick dollars or coins, choose market or limit, review the 0.75% fee, and place it. Updated
- How to Sell Crypto on Schwab and Move Cash to Your Account Sell bitcoin or ether in Schwab Crypto, then move the cash to your linked brokerage account for free and on to your bank. Steps, the 0.75% fee, and timing. Updated
- Can You Transfer Bitcoin Into Schwab Crypto? Yes, once Schwab enables crypto transfers on your account. Only BTC on the Bitcoin network and ETH on Ethereum. Steps, minimums, timing, and fees. Updated
- Can You Withdraw Crypto From Schwab to a Wallet? Yes, once Schwab enables transfers on your account: send BTC or ETH to an allowlisted wallet after a 24-hour wait, up to $5,000 per transfer and 3 a day. Updated
Troubleshooting
Compare
- Schwab Crypto vs Bitcoin ETF: Which Costs Less Long Term? Schwab Crypto costs about 1.5% to buy and sell once, with no yearly fee. Bitcoin ETFs charge 0.15% to 0.25% a year. When each wins, with worked numbers. Updated
- Schwab Crypto vs Coinbase: Which Is Cheaper to Buy Bitcoin? Schwab Crypto charges a flat 0.75% with no spread. Coinbase's fee and spread vary, and Advanced starts at 0.90% taker. Compare fees, coins, and states. Updated
- Schwab Crypto vs E*Trade Crypto: Fees, Coins & Transfers E*Trade charges 0.50% per crypto trade for BTC, ETH, and SOL; Schwab charges 0.75% for BTC and ETH but already lets you transfer coins. Full comparison. Updated
Schwab Crypto at a glance
- Type
- Brokerage crypto account held at a bank (custodial)
- US availability
- All states except New York and Louisiana; not available in U.S. territories
- Supported networks
- Bitcoin (BTC) on the Bitcoin network and ether (ETH) on the Ethereum network
- Fees
- 0.75% of each buy or sell (minimum $0.01) with no spread markup. No account fee. Schwab charges nothing to send or receive crypto; blockchain network fees apply.
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Frequently asked questions
What is Schwab Crypto?
Schwab Crypto is a cryptocurrency account offered by Charles Schwab Premier Bank, SSB, and linked to a Schwab brokerage account. You can buy, sell, and hold bitcoin and ether directly, on Schwab.com, Schwab Mobile, or thinkorswim.
How much does Schwab Crypto charge?
0.75% of the value of each buy or sell, with a minimum fee of $0.01. Schwab says it adds no markup to crypto quotes. There's no account fee, and Schwab doesn't charge to send or receive crypto, though blockchain network fees apply to transfers.
Where is Schwab Crypto available?
In every U.S. state except New York and Louisiana. It isn't available in U.S. territories or outside the United States, and Schwab may restrict or close an account if you move to an unsupported place.
How do I contact Schwab about my crypto account?
Use the chat in the Schwab Mobile app or on Schwab.com, or the contact options listed on Schwab's own Schwab Crypto pages at schwab.com/cryptocurrency. Schwab says it will never ask you to share your passkey or move coins to an external wallet.