How to buy Render (ERC-20) on Coinbase?

Hello there, I'm curious about purchasing Render, which is an ERC-20 token, on Coinbase. Could you please guide me through the process step-by-step? I'm a bit new to this and would appreciate any clarity you can provide. Specifically, I'm wondering if I need to have a specific type of wallet set up, if there are any fees associated with the purchase, and if there are any restrictions or limitations I should be aware of. Thank you in advance for your help!