Cielo exchange: is anyone withdraw funds from here?

[Doranile432]

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?

It's crazy how people just go around using any crypto exchange they see, thats why we have websites like coinmarketcap for rating coins and exchanges, I have never heard of cielo exchange before and its not safe

[jossiel]

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.

There are several possible reasons : could be because he is new on crypto and has little knowledge about popular exchange, could be also because he was trying a new exchange (unpopular one) and the worst could be because he tries to promote his own exchange by creating drama.

I think I understand it now upon viewing his posts.

He is into bounties and probably most of the tokens that he took as reward before from hunting were all listed into that exchange. And usually, these projects doesn't choose a good exchange to list their tokens.

I think that sums up.

[shinratensei_]

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?

The withdrawal will need verification and confirmation but i think this exchange site is putting instant withdrawal as it will need your transaction to meet the (blockchain) confirmation that already applied on the withdrawal method. The only problem when your transaction can sometimes be considered as a suspicious transaction and you need to do further verification progress.

[akopjpuge]

You should convert it to abx (asobi coin) they're legit but half scam because they have this high minimum withdrawal. Disadvantage of converting it to abx is this token is a shitcoin and cielox is so far the only exchange for it and ether delta which doesn't have liquidity and volume with it

[n01hOme]

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.

You are the first person who wrote back that you were withdrawing from this exchange, even if it was ABX.
But I still hope that the one who withdrew ETH or some other liquid coin will respond.

[n01hOme]

Minimum withdrawal amount on this date:

4 ETH;
1000 USDT;
0,2 BTC;
10000 DASH;
500 EOS;
5000 XRP;
20 LTC;
200 ETC;
1500 OMG;
150 BTG;
500000 DOGE

[ultrloa]

Minimum withdrawal amount on this date:

4 ETH;
1000 USDT;
0,2 BTC;
10000 DASH;
500 EOS;
5000 XRP;
20 LTC;
200 ETC;
1500 OMG;
150 BTG;
500000 DOGE

What a pathetic requirements and if they truly had that then they don't want their user to withdraw their funds and you should get alerted for that matters since for sure there's something suspicious happening for implementing that. But for OP maybe try to contact the support and maybe there's bug occur or maybe we are right for our suspicion that the exchange mentioned is shady.