Step 5
Verify ID with Coinbase
Verify your identity with Coinbase to raise your buying limits.
Numerous users have reported problems with the ID verification while using Safari browser or mobile browsers. Either use another desktop/laptop browser or use the mobile application if one or the other is giving you trouble.
To see what you need to do to get your 7 day limit raised, check here for the milestones Coinbase wants to see from you.
You can raise the limit of the credit/debit card payment method to $6,000 a week in 134 days. See spreadsheet below for more details.
$6,000 a week minus $225 in Coinbase fees will net you roughly $866.25 in profit after passing through Xcoins.
You can use bank transfers and alternative funding methods to grow that to an even higher number if you wish.
You can divide the $6,000 weekly limit and purchase $857.14 daily at Coinbase when the credit/debit card method.
$857 a day translates to 1-2 loans a day and doesn't flood your PayPal account with spikes of deposits.
PayPal tends to freeze accounts with spikes of activity so I suggest the small daily amounts. Going from inactive to receiving large amounts of deposits triggers their system.
