Charles Schwab Launches Bitcoin and Ethereum Trading Platform
Charles Schwab (SCHW) has launched a new crypto trading platform called Schwab Crypto, allowing clients to trade Bitcoin (BTC) and Ethereum (ETH). The move positions Schwab against competitors like Robinhood (HOOD) and reflects growing mainstream acceptance of cryptocurrency. The platform charges a 0.75% fee per trade, higher than Robinhood's commission-free model.
Tickers: $BTC $ETH $GS $HOOD $MS $SCHW $SCHW PRD
Topics: Competitive Landscape Cryptocurrency Financial Services Trading Platform