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I do not know if you have to keep spending $5 everytime in order for your account to stay unlimited.
Not quite true.
Once that $5 has been spent ONCE, the friends list, levels and all the other gumf is accessible and PERMANENT. The trading restrictions are what you're referring to - they go away if you haven't had purchase activity on the account.
I won't swear to it, as I'm not completely sure (plus it may have changed in the few months I've been away too).
However, the bit I said about what's enabled and stays enabled is accurate.
Also, if you've got $5 there, I'm sure you can find some games on the current sale that suit the bill? But if you want to the inventory trading stuff, then as the above poster said, you'll still have a further 30 days to wait once you've spent it.
I hadn't heard of this. Another thing to file away for future reference.
Cool beans!
Quote.
http://steamcommunity.com/discussions/forum/1/617329505860738922/
You will need to spend at least $5.00 USD within the Steam store.
Some examples of purchases that grant access to these features are:
Adding the equivalent of $5 USD or more to your Steam Wallet
Purchasing game(s) that are equal to $5 USD or more from the Steam store
Adding a Steam Wallet card to your Steam account
Purchasing a Steam gift from the Steam store
(Receiving a Steam gift from a friend doesn't count)
Each Steam purchase total will be tracked in USD. If your Steam store's currency isn't in USD, it will be tracked and converted to USD automatically using daily exchange rates.
https://store.steampowered.com/account/
Do the funds appear under "Wallet Balance", "Pending Funds", or not at all?