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flag Schwab launches crypto trading service using Paxos and Schwab Bank.

flag Charles Schwab is launching a new service allowing its clients to directly trade bitcoin and ethereum. flag The platform, called Schwab Crypto, will use Charles Schwab Premier Bank as the custodian and Paxos for trade execution. flag The service launches with a 75 basis point fee per transaction and is currently limited to purchasing crypto without deposits or withdrawals.

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