Charles Schwab, one of the largest brokerage firms in the United States, has begun rolling out cryptocurrency transfers to external wallets, according to a report by BitcoinKE.

The feature marks the next step in the firm's digital asset rollout. Through Schwab Crypto, clients can buy and sell Bitcoin (BTC) and Ether (ETH), with the service charging a fee of 0.75% per transaction. Cryptocurrency trading is available through Schwab's website and mobile app, allowing clients to manage digital assets alongside their traditional investments.

The brokerage had been preparing to roll out spot trading in Bitcoin and Ether during the first half of 2026, as previously reported by BitcoinKE. Its plans call for the offering to broaden beyond Bitcoin and Ether, with SolanaSOL), Avalanche (AVAX) and Chainlink (LINK) set to be added by the end of 2026 — a schedule that gives clients a concrete timeline for how the platform's crypto lineup is set to grow.

Before introducing direct crypto purchases, the Texas-based brokerage had offered clients exposure to digital assets primarily through spot Bitcoin exchange-traded funds (ETFs) and Bitcoin futures. The progression from fund-based exposure to spot trading, and now to outbound transfers, traces a steady deepening of the firm's digital-asset capabilities — part of a broader shift among traditional financial firms toward crypto services.

With external wallet transfers now being introduced, clients are able to move cryptocurrency purchased through the platform to wallets held outside of Schwab, meaning holdings no longer need to remain in the brokerage's custody. Withdrawals of this kind are standard on crypto-native exchanges, and the addition brings Schwab's offering closer to that norm — a notable step for one of the country's largest brokerages. How quickly transfers reach the full client base, and whether the planned year-end asset additions stay on schedule, are the near-term markers to watch as the rollout proceeds.