# Charles Schwab is rolling out a new arm called Schwab Crypto.

*fintech · news · 2026-04-16 · CNBC*

## Key points

- Charles Schwab is launching crypto trading via a dedicated arm called Schwab Crypto.
- Clients can buy bitcoin and ether directly alongside traditional investments within Schwab.
- Schwab will charge a 0.75% fee per crypto trade, while Robinhood remains commission-free.
- Schwab's crypto custody partner is Paxos, and crypto funds will reside in separate Schwab accounts.

**Companies:** Charles Schwab, Robinhood
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/04/16/charles-schwab-to-launch-direct-bitcoin-ethereum-trading-to-compete-with-robinhood.html)

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