Robinhood offers a deposit bonus to attract new users and encourage them to invest. When you fund your account with a qualifying amount, you can receive a cash bonus, which varies based on the deposit size. This incentive not only enhances your initial investment but also allows you to explore the platform's features, such as commission-free trading and a user-friendly interface. However, it's essential to review the terms and conditions to understand eligibility and any potential restrictions associated with the bonus.