How can i buy Luna on Binance?

Could you please elaborate on the steps involved in purchasing Luna tokens on the Binance platform? I'm a newcomer to cryptocurrency trading and would appreciate a step-by-step guide. Specifically, I'm interested in knowing how to set up an account on Binance, fund it with the necessary currency, navigate to the Luna trading pair, and execute the purchase. Additionally, I'd like to understand any potential risks or considerations I should be aware of before making such a transaction. Your expertise in this field would be invaluable in guiding me through this process. Thank you for your assistance.