 |
Today at 02:36:37 PM |
|
Schwab added SOL, AVAX and LINK to Schwab Crypto today so clients there now have five coins to trade, with BTC and ETH being the other two. They only opened it to all eligible retail clients in October so that was quick.
SOL I get. AVAX and LINK surprised me a bit, I’d have guessed something else would come before them. Not sure if that’s what clients asked for or just what their lawyers were fine with.
Fee is 75 bps per trade. Schwab says that’s among the lowest in the industry which might be true for brokers but not compared to any normal exchange. Then again I don’t think their clients care. They want crypto in the same account as their stocks and that’s about it.
Do you think this gets new people into bitcoin or do they just end up buying SOL because it’s on the list? And why AVAX and LINK first?
|
