# Schwab Crypto will be introduced in phases over the coming weeks, confirming a previously stated timeline for a second-quarter launch.

*fintech · news · 2026-04-16 · Benzinga*

## Key points

- Schwab Crypto will initially exclude digital asset deposits and withdrawals at launch.
- Clients can trade Bitcoin and Ethereum directly through new Schwab crypto accounts linked to brokerage accounts.
- Paxos will handle trade execution, while Schwab acts as custodian via its Premier Bank platform.
- The crypto service will not be available for New York and Louisiana residents at rollout.

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

[Read the full story on Benzinga](https://www.benzinga.com/crypto/cryptocurrency/26/04/51864678/charles-schwab-rolls-out-btc-eth-trading-a-threat-to-coinbase-robinhood)

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