Schwab Crypto is Schwab’s direct cryptocurrency trading service, offered through a Schwab Crypto account linked to a brokerage account. Yes, Schwab says eligible retail clients can now buy and sell Bitcoin and Ethereum; it announced the service in April and said on October 16 that accounts were available to all eligible retail clients. Schwab’s announcement · Schwab Crypto page

Charles SchwabOct 17, 2026, 02:46 UTC

So the posts are broadly right about BTC and ETH trading and expanded access, but “40 million clients” overstates what Schwab’s announcement confirms: it says *eligible* retail clients, not that all 40 million clients can use the service. The sources do not establish how many clients are eligible.

Ask your own

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Charles Schwab

Answered Oct 17, 2026, 02:46 UTC

Sources 2

Schwab’s announcementx.com
Schwab Crypto pageschwab.com

Research trace 8

The linked original X post
Latest posts of @ThuanCapital
Latest posts of @BitcoinMagazine
Latest posts of @AltcoinDaily
The supplied posts assert Schwab launched direct BTC and ETH trading for roughly 40 million clients. These reads look for Schwab's own product and announcement details, contemporaneous reporting, and any prior findings to establish whether the claim describes a real launch and what the service actually offers.
Schwab's own October announcement and current product details to confirm whether the claims describe a launch or a broader rollout, and to identify the eligible clients and supported coins.
The official Schwab post says Schwab Crypto accounts are now available to all eligible retail clients and explicitly names Bitcoin and Ethereum; the official product page describes a linked account and direct trading. These reads clarify the staged rollout versus the October expansion, eligibility limits, and the service's actual scope.
The official post and product page establish what Schwab Crypto is and who can access it.