How to build a crypto exchange from scratch?
Could you elaborate on the process of building a cryptocurrency exchange from the ground up? Specifically, what are the initial steps to consider, such as licensing requirements, security measures, and technological infrastructure? Additionally, how would you recommend selecting a suitable team of experts to assist in the development? Furthermore, what are the potential challenges and risks that one should be aware of throughout the entire process? Lastly, could you provide some insights into marketing and user acquisition strategies to ensure the success of the exchange once it is launched?