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Author Topic: Cielo exchange: is anyone withdraw funds from here?  (Read 132 times)
n01hOme
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January 17, 2020, 08:42:48 AM
Last edit: January 17, 2020, 01:20:13 PM by n01hOme
 #1

I registered on this exchange (https://cieloex.io/index) in may 2019, and then the minimum withdrawal amount was 0.5 ETH. It is now 4 ETH. I have not met other exchanges with such a large minimum for withdrawal.
I have a question: did anyone withdraw ETH or other cryptocurrency from here? How long does it take? Are there any pitfalls when withdraw?
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January 17, 2020, 08:51:12 AM
 #2

Never know about this place before Huh
4 eth for minimum withdraw that was creazy i cant use this site lmao

So OP you have balance on there ?
Just ask ,, why you use this site while many large sites are already trusted  Huh
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January 17, 2020, 09:14:37 AM
 #3

I registered on this exchange (https://cieloex.io/index) in may 2019, and then the minimum withdrawal amount was 0.5 ETH. It is now 4 ETH. I have not met other exchanges with such a large minimum for withdrawal.
I have a question: did anyone withdraw ETH or other cryptocurrency from here? How long does it take?

I have never heard of this exchange let alone use it, do you have funds there, you should avoid new or foreign exchanges, you should look for trades that are already popular and have a good reputation, if you have funds in that exchange try changing your coins into dogecoin or ltc, it is likely that the minimum number of withdrawals will be smaller, but it looks like the exchange is a scam.
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January 17, 2020, 11:13:42 AM
 #4

Sorry but I am not even familiar with the exchange, actually I tried to search in CMC but couldn't find the exchange name and any exchange that is not listed in CMC is something I would not trust.




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January 17, 2020, 12:47:29 PM
 #5

I registered on this exchange (https://cieloex.io/index) in may 2019, and then the minimum withdrawal amount was 0.5 ETH. It is now 4 ETH. I have not met other exchanges with such a large minimum for withdrawal.
I have a question: did anyone withdraw ETH or other cryptocurrency from here? How long does it take?
the question is did you send balance on that exchange?
Or you only have heard this exchnage from telegram  a person messaging you that he will give you a free balance but you need to deposit first before you are able to widraw.

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January 17, 2020, 01:02:00 PM
 #6

There are few information online concerning the exchange. I wanted to refer you to the exchange Twitter page, or telegram group, but didn't find much. Would have referred you to its forum representatives but it seems not to have a forum announcement thread or any presence at all.



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January 17, 2020, 01:15:47 PM
 #7

This topic should be move to Service Discussion.

OP I think you should stay away from such an exchange, there's no information about the company and the team behind it.
I tried googling the address, the results went to a different company. The exchange is very suspicious in my opinion.
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January 17, 2020, 01:28:10 PM
 #8

Never know about this place before Huh
4 eth for minimum withdraw that was creazy i cant use this site lmao

So OP you have balance on there ?
Just ask ,, why you use this site while many large sites are already trusted  Huh

I traded altcoins for ETH on that exchange. But my total balance is much less than the minimum for withdrawal. That is, I will have to replenish my funds to withdraw from there. But before deposit funds, I need to make sure that it is safe.
I wanted to find out if someone had done this before. This exchange has existed for at least 8 months, but little is known about it unfortunately.
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January 17, 2020, 01:36:58 PM
 #9

I also never heard about this exchange before today. And search on google but can not find out much information about this exchange just saw that there was an airdrop of this exchange.

By the way, the minimum withdrawal amount is 4 ETH is really very suspicious and looks like fishy to me, So I will ask everyone to avoid this exchange. And if you have any fund on this exchange you should choose any altcoin which is asking lower minimum withdrawal. So that you can withdraw your fund from this exchange. Good luck

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January 17, 2020, 01:48:56 PM
 #10

I registered on this exchange (https://cieloex.io/index) in may 2019, and then the minimum withdrawal amount was 0.5 ETH. It is now 4 ETH. I have not met other exchanges with such a large minimum for withdrawal.

I have a question: did anyone withdraw ETH or other cryptocurrency from here? How long does it take?

The minimum withdrawal is so high. Back when the minimum withdrawal for ETH is 0.05, BCH and BTC do have a minimum withdrawal of 0.5 and 0.025 respectively so maybe that was changed too.

Anyhow, the exchange seems to have low activity and I think almost dead so I think it does not matter anymore if your question will be unanswered. I can't find an active community too. And there are negative reviews too on their Playstore app. Those are enough reasons already to stay away.

Untrustworthy.

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January 17, 2020, 02:02:48 PM
 #11

Never know about this place before Huh
4 eth for minimum withdraw that was creazy i cant use this site lmao

So OP you have balance on there ?
Just ask ,, why you use this site while many large sites are already trusted  Huh

I traded altcoins for ETH on that exchange. But my total balance is much less than the minimum for withdrawal. That is, I will have to replenish my funds to withdraw from there. But before deposit funds, I need to make sure that it is safe.
I wanted to find out if someone had done this before. This exchange has existed for at least 8 months, but little is known about it unfortunately.
I suggest you to stay away from that exchange,don't end up getting double scammed to the scam exchange.

BTW,how much funds were left on that exchange's wallet?

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January 17, 2020, 03:36:03 PM
 #12

I have withdrawn at this exchange once and have never used it again. But I did not withdraw ETH, BTC or USDT because it had a minimum limit too high, I had to change to a token called Asobi ABX to withdraw and incur a large fee.

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January 17, 2020, 04:05:43 PM
 #13

Agree with all people here, if you not deposited yet, i think in next you should be more careful with new exchanges. Better to use old ones that already have reputation. But if already deposited your money, look for coin that have small fees. Usually there are some choice of coins (big coins) that we can use to withdraw with small fees.

 
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January 17, 2020, 04:14:08 PM
 #14

I registered on this exchange (https://cieloex.io/index) in may 2019, and then the minimum withdrawal amount was 0.5 ETH. It is now 4 ETH. I have not met other exchanges with such a large minimum for withdrawal.
I have a question: did anyone withdraw ETH or other cryptocurrency from here? How long does it take? Are there any pitfalls when withdraw?

Never seen this exchange before, it's too new to me. And if they require the minimum balance to withdraw money is 4 ETH then I think this is most likely a scam exchange. And you need to stay away from this exchange as soon as possible, I've never seen any exchange like that. I will bookmark this exchange and never use it in the future

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dark08
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January 17, 2020, 04:22:11 PM
 #15

I registered on this exchange (https://cieloex.io/index) in may 2019, and then the minimum withdrawal amount was 0.5 ETH. It is now 4 ETH. I have not met other exchanges with such a large minimum for withdrawal.
I have a question: did anyone withdraw ETH or other cryptocurrency from here? How long does it take? Are there any pitfalls when withdraw?


Most of us first time to heared thos exchange (Cielo) and most trusted exchange site have a low minimum withdrawal but this one need to have a 4 ethereum this is a huge amount, do you request a support or chat their team regarding minimum withdrawal?

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January 17, 2020, 04:45:40 PM
 #16

I registered on this exchange (https://cieloex.io/index) in may 2019, and then the minimum withdrawal amount was 0.5 ETH. It is now 4 ETH. I have not met other exchanges with such a large minimum for withdrawal.
I have a question: did anyone withdraw ETH or other cryptocurrency from here? How long does it take? Are there any pitfalls when withdraw?


Shady exchange.

Try to use other coin than Ethereum, if it doesn't let you to withdraw, like the minimum amount is increased once you are almost withdraw your coin then my suggestion is to leave it.
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January 17, 2020, 10:12:12 PM
 #17

I traded altcoins for ETH on that exchange. But my total balance is much less than the minimum for withdrawal. That is, I will have to replenish my funds to withdraw from there. But before deposit funds, I need to make sure that it is safe.
I wanted to find out if someone had done this before. This exchange has existed for at least 8 months, but little is known about it unfortunately.
I did some research on exchange's withdrawal/deposit limit, but I could not find anything that could help. They have not written about it themselves because of current limits. I recommend you look at the other coins with a low withdraw limit, hopefully you will find a lower amount than this. However, you should check all of them separately, as they do not write about them.

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January 17, 2020, 10:36:31 PM
 #18

I registered on this exchange (https://cieloex.io/index) in may 2019, and then the minimum withdrawal amount was 0.5 ETH. It is now 4 ETH. I have not met other exchanges with such a large minimum for withdrawal.
I have a question: did anyone withdraw ETH or other cryptocurrency from here? How long does it take? Are there any pitfalls when withdraw?

1st question. How did you find this site?
2nd. Whats your issues with the platform? Just asking out about their high minimum withdrawal?

Most people for sure havent hear up about this exchange (neither do I). Why would use this one if we do have lots of better ones? If you do tend to sell off bounty tokens then embrace the risk.
Withdrawals now on most platforms are instant and having the minimum fee with minimum withdrawal amount.

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January 18, 2020, 09:45:02 AM
 #19

Never know about this place before Huh
4 eth for minimum withdraw that was creazy i cant use this site lmao

So OP you have balance on there ?
Just ask ,, why you use this site while many large sites are already trusted  Huh

I traded altcoins for ETH on that exchange. But my total balance is much less than the minimum for withdrawal. That is, I will have to replenish my funds to withdraw from there. But before deposit funds, I need to make sure that it is safe.
I wanted to find out if someone had done this before. This exchange has existed for at least 8 months, but little is known about it unfortunately.


Don't add any more losses. My advice is avoiding the exchange. it makes no sense a minimum withdraw of 4 eth.
did you get eth from the airdrop made or what ??

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January 18, 2020, 10:01:09 AM
 #20

Why is it that every time there's someone that will complain about an exchange it's always an unknown exchange. And how you guys are getting to use these kind of exchanges that are not even familiar to the most people here.

Is the withdrawal only lies on Ethereum? I agree with the suggestion of others if there are other altcoins for withdrawal, check those and see how much the minimum is because it's likely they are cheaper than ETHs.

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