How to buy CAKE PancakeSwap?

Hello, I'm interested in purchasing CAKE tokens on the PancakeSwap decentralized exchange, but I'm a bit unsure of the process. Could you please provide a step-by-step guide on how to do so? I'd like to know if there are any prerequisites, such as having a cryptocurrency wallet or a specific amount of funds required. Additionally, I'm curious about the fees associated with the transaction and any potential risks I should be aware of. Your expertise in this field would be greatly appreciated as I navigate this new territory of cryptocurrency investing.