I had been using Coinbase for the last few months. I had the instant buy enabled, I think the limit was $1000 daily or something like that. I have been tranfering my funds to a few Electrum wallets and then tumbling them before use on the market. Today I go to buy coins and it says my daily limit is now $100 and if I want to increace my daily limit they want me to upload my ID. Has this happened to anyone else recently? Do you see any issue with up loading my ID? They already have my name and bank account. Does anyone think that they may have decreased my limit beause of block chain info? If Coinbase knew your coins were going to the markets they basicly just deactivate your account right? I am a small time buyer and only buy $500 or less of bitcoin every other month or so.
I've always had great luck with Coinbase. Been using them for years for both legit and non-legit means. I never enabled instant buy though. I don't mind waiting. I sit on coins. I'm surprised they haven't banned me. They just increased my limits a few months ago, and I was like "y'all ain't even know..."