Are there any limitations when buying cryptocurrency on Schwab?

3 answers

• Rahimullah IbrahimiMay 23, 2024 · a year ago
  When buying cryptocurrency on Schwab, there are a few limitations and restrictions to keep in mind. Firstly, Schwab currently only offers Bitcoin and Ethereum for trading. So if you're looking to buy other cryptocurrencies, you'll need to use a different exchange. Additionally, Schwab has certain eligibility requirements for cryptocurrency trading. You'll need to have a Schwab brokerage account, be at least 18 years old, and meet certain financial suitability criteria. Lastly, Schwab has a minimum investment requirement for cryptocurrency purchases, which may vary depending on the specific cryptocurrency. It's important to review and understand these limitations before buying cryptocurrency on Schwab.
  710

  355
• Elia HelouJul 14, 2025 · 20 days ago
  Yes, there are limitations when buying cryptocurrency on Schwab. Schwab currently only supports Bitcoin and Ethereum, so if you're interested in other cryptocurrencies, you'll need to use a different platform. Additionally, Schwab has certain eligibility criteria for cryptocurrency trading. You'll need to have a Schwab brokerage account and meet certain financial suitability requirements. It's also worth noting that Schwab has a minimum investment requirement for cryptocurrency purchases. Make sure to review Schwab's terms and conditions before getting started.
  567

  189
• Archer VilladsenMar 03, 2024 · a year ago
  Buying cryptocurrency on Schwab is subject to certain limitations. Schwab offers a limited selection of cryptocurrencies, primarily Bitcoin and Ethereum. If you're looking for a wider range of options, you may need to consider other exchanges. Additionally, Schwab has eligibility requirements for cryptocurrency trading, including having a Schwab brokerage account and meeting certain financial suitability criteria. It's important to understand these limitations and requirements before making any cryptocurrency purchases on Schwab. If you're looking for more options or flexibility, you may want to explore other platforms that offer a broader selection of cryptocurrencies.
  678

  170