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BiyaPay Analyst: Charles Schwab is about to launch BTC and ETH spot trading, and BiyaPay supports remittances to Charles Schwab.
BlockBeats news, on July 24, according to BiyaPay analysts, American financial services giant Charles Schwab announced that it will soon launch Bitcoin (BTC) and Ethereum (ETH) spot trading services. The company's CEO Rick Wurster stated that as customer demand continues to grow, crypto assets have become an essential growth area. Charles Schwab's clients already hold over 20% of crypto asset ETF products, and with the launch of Bitcoin and Ethereum spot ETFs, more financial giants are accelerating their layout in the crypto asset field. With the gradual easing of the regulatory environment, Charles Schwab plans to launch Bitcoin and Ethereum spot trading to provide customers with more diversified investment options. Although crypto assets currently account for only $25 billion of the $10.8 trillion in assets managed by Charles Schwab, the market share of crypto assets held by its clients remains significant. Wurster expressed that the company hopes clients will consolidate their dispersed crypto assets on the Charles Schwab platform for better management. BiyaPay analysts stated that BiyaPay, as a multi-asset trading platform, not only supports U.S. and Hong Kong stocks as well as spot and futures trading for Bitcoin, but also allows users to deposit USDT and exchange it for USD, swiftly transferring to Charles Schwab. BiyaPay ensures compliance in remittances, guaranteeing that international transfers are fast and secure, helping you easily achieve quick exchanges between crypto assets and fiat assets. Whether you are investing globally or trading cryptocurrencies, BiyaPay can provide you with efficient, secure, and low-cost remittance and trading services.