AXA Financial opens Solana, Avalanche and Chainlink transactions to US customers
crypto.news
15m ago
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Charles Schwab expands its cryptocurrency trading services, adding Solana, Avalanche, and Chainlink. Eligible U.S. retail customers are now allowed to buy and sell five digital assets directly through Schwab Crypto. The company states that trading can be conducted via the website, mobile app, and the thinkorswim platform, with a transaction fee of 0.75% of the transaction amount. However, this service is still not available in New York, Louisiana, and international jurisdictions.
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AXA Financial ( Charles Schwab ) has expanded its cryptocurrency trading services to Solana , Avalanche , and Chainlink , allowing eligible retail investors in the United States to directly buy and sell five digital assets through Schwab Crypto .

AXA Financial stated that these three tokens, SOL, AVAX, and LINK, are now available for trading alongside Bitcoin and Ethereum. Bitcoin and Ethereum were among the assets initially supported when the service was launched earlier this year.

These new assets allow customers to access a wider range of cryptocurrencies through the same platform used for managing stocks and other traditional investments, without the need to open a separate cryptocurrency exchange account.

Joe Vietri, the person in charge of digital assets at AXA Financial, stated that the company's move is in response to customers' desire for more flexibility in managing their cryptocurrency investments.

Vietri said, "We will continue to expand Schwab Crypto to give customers more choices and flexibility in digital asset investments as well as in a broader range of portfolios."

Schwab Crypto Expands beyond Bitcoin and Ethereum

This latest launch follows a announcement by Jiaxin Financial in August, when the company first outlined its plans to introduce these three cryptocurrencies.

At that time, crypto.news reported that this brokerage firm was preparing to further expand its digital asset products beyond Bitcoin and Ethereum, with new tokens expected to be launched in the coming months.

AXA Financial began offering direct cryptocurrency trading to some retail customers as early as May 2026, and in October, it opened Schwab Crypto to all eligible retail customers.

With this latest launch, customers will be able to trade the pairs SOL / USD, AVAX / USD, and LINK / USD through their Schwab Crypto accounts.

AXA Financial stated that its selection of cryptocurrencies is based on customer needs and a preference for mature digital assets. The company plans to launch more tokens and other digital asset products over time, but has not yet specified which cryptocurrencies will be supported in the next batch.

Solana is a blockchain network used for decentralized applications, payments, and digital asset transactions; Avalanche supports the construction of applications and blockchain networks for various purposes.

Chainlink provides the infrastructure that connects blockchain applications with external information, including financial market data used by smart contracts.

How much does Chartered Financial Management charge for cryptocurrency trading?

Schwab Crypto charges a transaction fee of 75 basis points, which is equivalent to 0.75% of the dollar amount per transaction.

For example, if a customer purchases cryptocurrency worth $1,000, they will pay a transaction fee of $7.50; at the same rate, the handling fee for a transaction of $10,000 would be $75.

Customers can use this service through the AXA Financial website, mobile applications, and the thinkorswim trading platform, and they can view their cryptocurrency holdings alongside their traditional investments on these platforms.

The company also provides educational materials through Schwab Center, for, Financial Research, and Schwab Coaching, covering topics such as the cryptocurrency market, investment risks, and the potential role of digital assets in investment portfolios.

Customers can contact the Jiaxin Financial Services support team at any time via phone or chat, and the brokerage firm provides assistance 24 hours a day, seven days a week.

Vietri said, "Our focus remains on providing customers with the experience, value, education, and support that they expect from Jiaxin Financial Management."

Schwab Crypto Accounts are still only available to eligible U.S. customers.

Despite the expansion of service scope, Schwab Crypto is not available to all account holders of Jiaxin Financial Management.

This service is provided through Charles Schwab Premier Bank and SSB, which are subsidiaries of The Charles Schwab Corporation. The associated securities firms Charles Schwab and Co are responsible for some of the operational functions.

Eligible customers can open accounts in most states of the United States, but residents of New York State and Louisiana are excluded. This service is not available in U.S. territories and international jurisdictions.

AXA Financial disclosed that holdings in cryptocurrencies are not considered bank deposits and therefore are not covered by the protection of the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporation (SIPC).

The company warns that there may be significant price fluctuations in digital assets, and customers could lose all their investments.

AXA Financial retains the right to delay, change, or withdraw support for individual cryptocurrencies in the event of regulatory, market, operational, or risk-related changes.

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