Techub News reports, according to The Block, Charles Schwab is beginning to roll out its planned cryptocurrency trading platform and is offering Bitcoin and Ethereum trading channels to retail clients for the first time. This new product, called Schwab Crypto, will be launched in phases over the coming weeks, confirming the previously announced second-quarter timeline, after the product entered the waitlist phase earlier this month. Charles Schwab stated that each transaction will incur a fee of 75 basis points. Cryptocurrency accounts will be provided through Schwab Premier Bank, which will act as the custodian, while Paxos will handle trade execution.

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