I just bought my first bonsai and I'm curious as to what type it is and need some tips in taking care of it ( watering it, pruning, etc...). Thank you!

Hi and welcome.

To save yours and the others time here, I go straight - www.bonsaiempire.com/forum/help-me/9480-id-my-tree-please

Enjoy and good luck.

This is a great beginning plant to learn on how to care for a plant. This isn't a true bonsai in the sense of the art. Please don't get discouraged we see it all the time on here.
Check out these sites for your ficus ginseng.
www.bonsaiempire.com/tree-species/ficus
www.bonsaioutlet.com/ginseng-grafted-ficus-care/

I had a feeling that might be the case! Nevertheless thank you and I'll enjoy my little tree for now.