How do you buy waves on Binance?

Could you elaborate on the process of purchasing Waves tokens on the Binance platform? As a cryptocurrency enthusiast, I'm interested in understanding the steps involved. Is it a straightforward process? Do I need to set up an account on Binance first? Once my account is verified, how do I navigate to the Waves trading pair? Are there any specific fees or limitations I should be aware of? Additionally, are there any security measures I should take to ensure a safe transaction? I appreciate your insight into this process.