How do I buy from Binance?

As a newcomer to the cryptocurrency market, I'm interested in learning how to buy from Binance, one of the largest cryptocurrency exchanges. Could you guide me through the process in a step-by-step manner? Specifically, I'd like to know how to set up an account, verify my identity, deposit funds into my Binance wallet, choose the cryptocurrency I wish to purchase, execute the trade, and securely store my assets. Additionally, I'm also curious about any fees or limitations I should be aware of before making my first purchase. Can you provide a detailed explanation of these steps and considerations?