Can I buy Algorand on Binance?

I'm considering investing in Algorand, but I'm not entirely sure where to start. Could you possibly clarify for me, is it possible to purchase Algorand on Binance? If so, could you also provide a brief overview of the steps involved in the process? I'm familiar with Binance as a platform but am not yet acquainted with the specific procedures for purchasing Algorand. Would it require any special setup or verification? Additionally, are there any fees associated with buying Algorand on Binance that I should be aware of? I'd appreciate any guidance you can offer in this matter.