Sorry, the post was edited. It had originally said "60" but was edited to "70". :P

Syndri had posted in another thread that she confirmed it was indeed 70, but this thread was only hours after RAF was announced so she had initially assumed it was 60. Let me see if I can find a less confusing blue post.

Here are some hints...
http://forums.worldofwarcraft.com/th...1460&sid=1#521
Quote Originally Posted by Belfaire
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Q u o t e:
As far as gifting levels is concerned:

Are the levels stored in a charge-like system, or must you gift each level at the two gain mark. For example, Character A is level 1. Can I level him to 70 and then have 34/35 levels to gift to character B, then level character B to 20 before gifting him all of the levels total, instantly bumping him to level 55?

This makes a world of difference.
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I believe they're stored as "charges".
http://forums.worldofwarcraft.com/th...709113&sid=1#2
Quote Originally Posted by Vrakthris
For every two levels a character on the new recruited account gains, they can "grant" a level to one of the veteran player's characters.

The maximum number of grantable levels that can be gained by a single character is 29.
The recruited player can decide to grant all 29 levels at once to a character on a linked account.
The character who is being granted a level has the option to accept or decline the level grant.

Levels can only be granted to the veteran player's account, not vice versa.
Levels can not be granted Cross Faction.
A character on the recruited account cannot grant a level to a character equal or higher than their own level.
Levels are granted to the veteran player's character by right-clicking the target player's portrait. You will see a "Grant Level" option.
Note: The max a single character can gain is 29. So the fact that you "can only gift 29 levels" might not be limited by the level of the "referred trial" -- if they level to 70, they can't give 35 levels to ONE person. They must spread it between others on the veteran account. This might be where we're getting confused?