How to buy Hive crypto?

Could you please elaborate on the process of purchasing Hive cryptocurrency? I'm particularly interested in understanding the steps involved from creating an account on a reputable exchange, verifying my identity, depositing funds, and finally executing the trade. Additionally, are there any specific factors I should consider when choosing an exchange or wallet for storing my Hive tokens? Furthermore, what are some common mistakes beginners tend to make when buying Hive, and how can I avoid them?