#SchwabCryptoGoesLive
About SchwabCryptoGoesLive
Charles Schwab officially began its phased rollout of retail spot crypto trading on May 13, starting with BTC and ETH at a flat 0.75% fee per trade. Crypto assets are custodied separately by Charles Schwab Premier Bank, independent from existing brokerage accounts. Schwab currently manages roughly $12 trillion in client assets. The service is temporarily unavailable in New York and Louisiana due to state-level regulatory requirements, with plans to expand to more tradable assets.
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🚨 BREAKING: Charles Schwab Launches Direct $BTC & $ETH Trading for Clients
Charles Schwab has officially opened the gates to direct spot crypto trading. Through its new platform, "Schwab Crypto," select eligible retail clients can now buy and sell Bitcoin and Ethereum directly within the Schwab ecosystem.
🔹 The Shift from Indirect to Direct Exposure
Previously, Schwab clients could only access crypto through ETFs or indirect financial products. This move marks a massive leap, granting direct spot trading for $BTC and $ETH right inside the traditional brokerage interface.
🔹 The Operational Model
Schwab Bank handles asset custody.
Paxos manages the trading execution and blockchain infrastructure.
Trading fees are set at approximately 0.75% per order.
🔹 Geographic Limitations
The service is currently unavailable in certain states, including New York and Louisiana.
🔹 What This Really Means
Schwab is one of the most conservative, established names in traditional U.S. finance. Their decision to offer spot crypto trading to retail clients is a powerful signal that digital assets are embedding themselves into the mainstream financial system.
💡 The Reality Check
What was once dismissed as a fringe asset class is now becoming a standard product on Wall Street. This is not speculation; it is institutional adoption in action.
$CHIP $BILL $LAB
#USCPIHits3.8% #TradeStocksOnOKX #CLARITYAct309Pages

Technological Infrastructure
Paxos Partnership Powers Schwab’s New Crypto Infrastructure
To ensure institutional-grade reliability for retail users, the platform is utilizing Paxos technology for all trade executions. This partnership allows for a seamless integration where clients can now view Bitcoin holdings right alongside their stocks, bonds, and 400(k) plans in a single dashboard.
#SchwabCryptoGoesLive #CLARITYActVoteToday #OKXPizzaDay
$BTC $ETH $DOGE
A $12 trillion brokerage just started selling Bitcoin to your parents.
Charles Schwab went live with spot BTC and ETH trading yesterday, opening access to 35 million+ brokerage clients who have probably never used a crypto exchange. The fee is 0.75% per trade, custody sits with Schwab Premier Bank, and Paxos handles execution. No DeFi, no self-custody, no leverage. Just plain buy-and-hold through the same app they use for index funds.
This is not the first TradFi firm to touch crypto, but it might be the most significant. Schwab's clients are not degens. They are retirement savers, long-term allocators, and people who still call their financial advisor before making a trade. When this demographic gets a "Buy Bitcoin" button inside their existing account, the capital flow profile changes.
For context:
· Schwab is the largest U.S. brokerage by client assets, managing nearly $12 trillion
· The service launched with BTC and ETH only, with more assets planned
· Crypto accounts are separate from brokerage accounts, with no cross-margin or unified trading
The walls between TradFi and crypto are coming down from both sides. Schwab is bringing stocks-first clients into crypto. Crypto exchanges are bringing crypto-first traders into equities.
Would you buy BTC through your brokerage, or do you prefer keeping your crypto on a crypto-native platform?
#SchwabCryptoGoesLive

Gateway for Millions": 39 Million Accounts Get Crypto Access
Analysts predict that Schwab's massive user base will introduce a "completely new class of buyers" to the crypto market.
#MarketOverloadWeek #SchwabCryptoGoesLive $BTC $ETH
2026/5/13 📈
Today's Newsletter
📰 News
• US PPI rose 6%, above expectations
• US appeals court pauses ruling blocking Trump’s 10% global tariff
• The U.S. Senate confirms Kevin Warsh as Federal Reserve Chair
• Charles Schwab launches spot BTC and ETH trading via Schwab Crypto
• JPMorgan Chase to launch tokenized money market fund on Ethereum
👍 Good Reads
• @yzilabs - Meet the EASY Residency Season 3 Cohort
• @Cbb0fe - How CBB Cartel & Friends Made +$40m on $XPL
🔔 New Protocols
• @baibai_cx
• @cindryprotocol
💰 Crypto Fundraising
• @elliptic (Compliance) - 120m Series D led by One Peak
• @OseroHQ (DeFi) - 13.5m Seed led by @SkyEcosystem and @Plasma
• @charmsai (AI) - 1.5m Pre-Seed
💵 Airdrops
• @superformxyz final batch of airdrop claims
🖥 Videos & Podcasts
• @Bankless - Will AI Populism Decide the 2028 Election? | Jasmine Sun
• @sharbel - How To Connect Your AI Agent To Polymarket
—
If you’d like to support me, your likes, comments, and shares on Twitter, Farcaster, Binance Square, Paragraph, Coinmarketcap are greatly appreciated! Thank you❤️


Institutional Impact & Liquidity
12 Trillion Asset Manager Enters the Crypto Arena
With over $11.7 trillion in client assets, Schwab’s entry into the digital space is being hailed as a "massive liquidity injection" for the market. The initial rollout focuses exclusively on $BTC and $ETH, specifically catering to the needs of conservative traditional investors.
#SchwabCryptoGoesLive #CLARITYActVoteToday #OKXPizzaDay
$BTC $ETH $DOGE

Schwab Crypto Excludes New York and Louisiana for Now
Due to local regulatory complexities, the initial launch is unavailable to residents of NY and LA, focusing on other U.S. states first.
#MarketOverloadWeek #SchwabCryptoGoesLive $BTC

Institutional Shift: Morgan Stanley’s E*TRADE Braces for Competition
As Schwab goes live, industry experts expect a "brokerage war" as Morgan Stanley prepares its own E*TRADE crypto rollout.
#MarketOverloadWeek #SchwabCryptoGoesLive $BTC $ETH

Regulatory Milestone: CLARITY Act Boosts Schwab’s Launch
The ongoing Senate discussions on the CLARITY Act have provided the regulatory confidence Schwab needed to go live this week.
#MarketOverloadWeek #SchwabCryptoGoesLive $BTC $ETH

Paxos Partnership Powers Schwab’s New Crypto Infrastructure
The platform is utilizing Paxos technology for trade execution, ensuring institutional-grade reliability for retail users.
#MarketOverloadWeek #SchwabCryptoGoesLive $BTC $ETH

Seamless Integration: Crypto Meets Traditional Brokerage
Schwab clients can now view their Bitcoin holdings right alongside their 400(k), stocks, and bonds in a single dashboard.
#MarketOverloadWeek #SchwabCryptoGoesLive $BTC $ETH

Competitive Fees: Schwab Sets Transaction Rate at 0.75%
In a bid to compete with Coinbase and Robinhood, Schwab has introduced a competitive 0.75% fee for spot crypto trades.
#MarketOverloadWeek #SchwabCryptoGoesLive $ETH

Schwab Crypto Rollout: Bitcoin and Ethereum Lead the Way
The initial launch focuses exclusively on the two largest cryptocurrencies, catering to conservative traditional investors.
#MarketOverloadWeek #SchwabCryptoGoesLive $BTC $ETH

12 Trillion Asset Manager Enters the Crypto Arena
With over $11.7 trillion in client assets, Schwab’s entry is being hailed as a "massive liquidity injection" for the digital asset market.
#MarketOverloadWeek #SchwabCryptoGoesLive $BTC $ETH

Charles Schwab Officially Launches Spot Crypto Trading
Financial giant Charles Schwab has finally opened direct Bitcoin and Ethereum trading for its first wave of retail clients. #MarketOverloadWeek #SchwabCryptoGoesLive $BTC $ETH
+ US tech stocks hit record highs, BTC falls below $80K after PPI inflation rises to a 3-year high due to energy prices
+ Former President Trump has arrived in Beijing, will hold talks with Chairman Xi today and tomorrow
📝 ETF Spot on 05/13
+ BTC is down -$345.7M, BlackRock data not yet available
+ ETH is down -$14M, BlackRock data not yet available
+ SOL is up +$6M, XRP is up +$5.3M
+ Kevin Warsh officially takes over as Fed Chair tomorrow despite lacking support from the Democratic side
+ Top 3 French bank 🇫🇷 Societe Generale launches EUR and USD stablecoins on the Canton network to facilitate tokenized transactions
+ Top US brokerage 🇺🇸 Charles Schwab officially opens BTC and ETH trading for retail clients
+ Japanese Metaplanet 🇯🇵 prepares to issue its first preferred shares in Japan, following a strategy of paying monthly dividends
+ Jupiter partners with Bitwise to build a lending market for USDe stablecoin for institutions on Solana
+ The largest EVM bridge of the TON system, TAC, was hacked for $2.8M; the fund will sell reserve tokens to compensate for losses
+ Hyperliquid earned $11M in fees last week from perp trading, double the combined fees of Ethereum and Solana#新手成长营 #玩转策略 #创作者激励
🌍 When OKX Becomes a Global Trading Platform — #TradeStocksOnOKX
May 2026 — Gold, Crude Oil, GameStop... All at a Glance
Open the TradFi futures tab on OKX today, and you'll see a completely different scene from two years ago: GMEUSDT (GameStop), CLUSDT (WTI Crude Oil), NFLXUSDT (Netflix), BZUSDT (Brent Crude Oil), XAUUSD (Gold), XAGUSD (Silver)... This is no longer just a cryptocurrency exchange. It is a 24/7 global asset trading platform.
🥇 XAU — Where is Gold Now? Where is it Headed?
On OKX, XAUUSD is trading around $4,684, a price unimaginable a few years ago. Gold has risen +47% compared to the same period last year, while short-term downward pressure comes from the US April inflation rate rising to 3.8%, the highest since May 2023. The market has completely ruled out the possibility of a Fed rate cut this year.
However, in the long term, JPMorgan predicts gold will reach $5,000/oz by Q4 2026, with a long-term target of $6,000/oz, supported strongly by central banks' expected quarterly gold purchases of about 585 tons.
🛢️ CL & BZ — Crude Oil: Geopolitics Rules All
WTI crude oil is quoted at $97.19, Brent crude oil at $102.05, both driven higher by geopolitical tensions. Oil prices have risen for three consecutive trading days due to stalled diplomatic efforts to resolve the US-Iran conflict and growing market concerns over inflation and energy.
OKX launched WTI crude oil perpetual contracts (CL) as early as March 2026, followed by Brent crude oil (BZ) on March 24, perfectly timed with the peak activity in the crude oil market.
🎮 GME — GameStop: Meme Stock or Century Merger?
GameStop is quoted around $22.28 on OKX TradFi. Recently, eBay officially rejected GameStop's $56 billion acquisition offer, calling the proposal "neither credible nor attractive." More dramatically, eBay permanently banned GameStop CEO Ryan Cohen's account.
Despite this, Morgan Stanley believes "this acquisition battle may just be beginning" and is closely watching GameStop's potential search for new merger targets. The story is far from over, and on OKX, you can trade every new development anytime, 24/7.
🏦 #SchwabCryptoGoesLive — A Two-Way Bridge
This week, Charles Schwab, managing $12 trillion in assets, officially opened Bitcoin and Ethereum trading to US retail investors. Meanwhile, the reverse force is equally strong: OKX is bringing stocks, commodities, and traditional indices to 35 million crypto users worldwide.
Charles Schwab brings crypto into traditional finance, OKX brings traditional finance into the crypto world. This is the most precise interpretation of #MarketOverloadWeek.
📊 Global Perspective
In Q1 2026, gold accounted for 71% of total TradFi futures trading volume on major crypto exchanges, while crude oil has surged strongly since February amid escalating Middle East tensions. This trend is no coincidence; it reflects a new structure forming in global financial markets, where the boundaries between crypto and traditional finance are dissolving.
The TradFi tab on OKX is the most vivid witness to this historic transformation.

A $12 trillion giant officially enters the market, Charles Schwab fires the first shot for "low-cost crypto trading"
Traditional asset management giants are finally no longer just "spectators."
Charles Schwab recently took a historic step by gradually launching the "Schwab Crypto" service to eligible U.S. retail clients, directly supporting trading of Bitcoin and Ethereum. This marks a further narrowing of the channel between Wall Street's trillion-dollar old money and the native crypto world.
The strategic significance behind the minimalist product
Unlike previous indirect exposure through ETFs, this service allows users to directly view and manage crypto assets within their existing Schwab accounts. Custody is handled by Schwab's affiliated bank, and underlying execution is entrusted to the established compliant institution Paxos. Notably, the fee is set at 0.75% per transaction. Although it does not support external wallet deposits or withdrawals, it is sufficiently competitive for mainstream retail investors who hold coins long-term and seek compliant convenience.
Industry impact: fees, compliance, and competitive landscape
1. The "0.75%" catfish effect. Mainstream exchanges like Coinbase typically charge basic fees ranging from 0.6% (taker) to several percentage points for ordinary users. Schwab’s near "cost-price" entry may force further commission compression across the industry.
2. Custody trust endorsement. Asset segregation within the banking system directly addresses retail investors’ concerns about exchanges misappropriating assets and lack of FDIC protection, creating a compliance moat that pure exchanges cannot match.
3. The "internal circulation" of $12 trillion in assets. Schwab manages about $12 trillion in client assets, whose clients already hold approximately 20% of the U.S. spot crypto ETF market. Opening direct investment now converts existing crypto demand from ETF products into account-held assets, greatly increasing stickiness.
Currently, the service does not cover New York and Louisiana and is still in the compliance ramp-up phase. But it is foreseeable that when traditional asset management giants move from "selling water" to "mining," the battle for the underlying infrastructure of crypto trading will just be entering a truly mainstream turning point.
#在OKX交易美股:从英伟达到SpaceX
$ETH




