Schwab Crypto Fees: What the 0.75% Charge Really Costs You

Schwab Crypto charges 0.75% of the value of every crypto buy and every sell, with a minimum fee of $0.01 per trade. On a $1,000 purchase that’s $7.50, and buying and later selling the same amount costs about 1.5% in fees in total. Schwab says it adds no markup to crypto quotes, there’s no account fee, and it charges nothing to send or receive crypto, although blockchain network fees apply when you send.

Here’s every charge in Schwab’s October 2026 pricing guide, what 0.75% works out to at real trade sizes, and how the fee is applied depending on how you enter an order.

Schwab Crypto fees at a glance

What you do	Schwab’s charge
Buy crypto	0.75% of the trade value, minimum $0.01
Sell crypto	0.75% of the trade value, minimum $0.01
Hold an account (any balance)	$0
Move cash to or from the linked brokerage account online	$0
Receive crypto from another wallet	$0 (the sender pays any network fee)
Send crypto to a wallet	$0 from Schwab, plus the blockchain network fee
Interest on cash in the crypto account	None paid

Schwab’s pricing guide describes the trading fee as “75 bps, subject to a $0.01 minimum fee per transaction,” calculated “as a percentage of the notional value of your executed trades.” The product page adds: “Pay just 0.75% of your trade value with zero spread,” and the FAQ says “Schwab does not add a markup to crypto quotes or trades.”

What 0.75% costs at different trade sizes

The round-trip column assumes the price doesn’t move. In practice you pay 0.75% of whatever your crypto is worth when you sell, so if bitcoin has risen, the selling fee is larger in dollars, and if it has fallen, smaller.

The $0.01 minimum only matters on tiny orders. Below about $1.33, 0.75% would be less than a cent, so the minimum kicks in. Schwab’s smallest order is $1, where the minimum works out to 1%.

How the fee is applied to dollar and coin orders

Schwab lets you enter a crypto order as a dollar amount or as a number of coins, and the fee is handled differently for each. From Schwab’s FAQ:

So if you want to invest exactly $1,000 and pay the fee out of it, use a dollar buy. If you want a round number of coins, use a coin buy and expect to pay a little more than the coins’ value.

Two order types also need a small cushion. For coin market buys you must have a little extra cash available, and for dollar market sells a little extra crypto, “to account for potential price movements during the trade.” That cushion isn’t a fee.

Fees for sending and receiving crypto

Schwab doesn’t charge to move crypto: “Schwab does not charge a fee to send or receive crypto.” What you pay instead is the blockchain network fee (sometimes called a gas fee) every time you send bitcoin or ether out of your account. Schwab’s pricing guide explains how it works:

• The network fee is “imposed by the respective blockchain network, not by CSPB,” and it varies with network demand.
• The quote comes from Schwab’s third-party sub-custodian, and the FAQ says it’s “valid for 5 minutes.” After that you’ll be asked to retry.
• If the fee you’re charged turns out higher than the network actually needed, “you will not be credited for the difference.” If it’s lower, you won’t be charged more.
• When someone sends crypto to your Schwab account, any network fee is charged by the platform or wallet they send from, not by Schwab.
• Network fees “are not included in the eligible program fees under the Schwab Satisfaction Guarantee.”

Transfers are being switched on account by account. See how to transfer bitcoin into Schwab Crypto for the limits and minimums.

Costs that aren’t on the fee schedule

• No interest on idle cash. “U.S. dollar funds and cryptocurrency held in your Schwab Crypto Account are non-interest bearing.” Cash you leave in the crypto account between trades earns nothing.
• Price movement. The fee is a percentage, so volatile prices change what you pay in dollars from one trade to the next.
• Execution price. Schwab’s pricing guide says the price used to calculate your fee “is determined by third-party liquidity providers chosen by our subcustodians, not by CSPB.” Schwab says it adds no markup on top.

How Schwab’s 0.75% compares

Schwab calls its pricing “among the lowest in the industry,” citing an April 2026 Barclays report. Exchanges price crypto in different ways, so compare the total cost, not just the headline fee:

Kraken’s figures come from its own help center as of October 2, 2026; Coinbase, E*Trade, and ETF figures come from each company’s own pages as of October 22, 2026. Spread-based pricing can cost more than the headline fee suggests, because part of the cost is built into the price you see.

How to keep your Schwab Crypto fees down

1. Trade less often. Every buy and every sell costs 0.75%, so frequent trading adds up quickly. Ten round trips on $1,000 would cost about $150 in fees.
2. Skip orders under about $1.33. Below that, the $0.01 minimum is more than 0.75%.
3. Batch your withdrawals. Each send to a wallet carries its own network fee, so fewer, larger sends usually cost less in total. Withdrawals are capped at $5,000 per transfer.
4. Don’t leave spare cash in the crypto account. It earns no interest. Move it back to your brokerage account until you need it.
5. Check the estimate before you submit. The order review screen shows the estimated fee in dollars.

Where to see the fees you paid

Schwab shows the fee in your trade and activity history:

• Schwab.com: Accounts, then Transaction History, then select your crypto account.
• Schwab Mobile: Accounts, tap your crypto account, tap History, then tap the trade.
• thinkorswim web: Positions, then Transaction History, then Crypto.
• thinkorswim mobile: History, then Crypto.
• thinkorswim desktop: Monitor, then Account Statement.

Fees also appear on your monthly statement, which Schwab sends whether or not you traded.

Related Schwab Crypto guides

• Schwab Crypto explained: fees, coins, states, and how it works
• Is Schwab Crypto available in New York or Louisiana?
• Can you transfer bitcoin into Schwab Crypto?