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2025-05-25
22:34
Schwab Bitcoin Trading Fees 2024: Commission Structure for $1000 BTC Purchases Explained

According to Schwab's official resources and disclosures, Charles Schwab does not currently offer direct Bitcoin (BTC) trading on its platform, but investors can gain exposure through Bitcoin futures or cryptocurrency ETFs such as the Grayscale Bitcoin Trust (GBTC) and ProShares Bitcoin Strategy ETF (BITO). For buying $1000 worth of these Bitcoin-linked products, Schwab charges standard equity commission rates, which are typically $0 for online listed stock and ETF trades, including crypto ETFs (source: Schwab Fee Schedule, 2024). However, if trading Bitcoin futures, commissions start at $2.25 per contract, plus exchange and regulatory fees (source: Schwab Futures Pricing, 2024). These costs should be considered by traders seeking crypto exposure through Schwab, as the lack of direct BTC trading limits access and may impact portfolio strategy for active crypto traders.

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