The Archer Dental Blog

First Dentist in Chicago to Accept BitCoin Payments!

June 18, 2024

Bitcoin at Archer Dental: A New Convenience for Patients

Archer Dental is excited to be one of the first dental practices in Chicago to accept Bitcoin as a payment option. This move isn't just about staying ahead of the curve—it's about making life easier for you, our patients. Whether you're already a Bitcoin enthusiast or just curious about digital currencies, here are some ways this new payment option can benefit you:

Bitcoin accepted at Archer Dental

Why Paying with Bitcoin is a Great Option for Patients

  • Lower Fees: When you pay with Bitcoin, you can avoid the extra costs associated with credit card transactions. This means more of your money goes directly to your care.
  • Quick and Easy Payments: Bitcoin transactions are processed quickly, often within minutes, so you don't have to wait around for payments to clear.
  • Privacy and Security: Bitcoin offers a higher level of privacy and security compared to traditional payment methods. Your transaction details are encrypted and protected.
  • No Reversals: Once you make a payment with Bitcoin, it’s done. There's no risk of the payment being reversed, giving you peace of mind.
  • Potential Savings: As Bitcoin can increase in value, holding onto some digital currency might turn out to be a smart financial move.

Understanding Bitcoin: A Quick Guide

If you're new to digital currencies, here's a brief overview of Bitcoin. The IRS defines digital currency and cryptocurrency as "a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value." Bitcoin can be used like conventional currency and can be exchanged into U.S. dollars, euros, or other currencies through online exchanges. It's worth noting that, according to the IRS, virtual currency is treated as property for federal tax purposes.

Embrace the Future with Archer Dental

By offering Bitcoin as a payment option, Archer Dental is making it easier for you to manage your dental expenses in a way that fits your lifestyle. Whether you’re a tech-savvy individual looking to utilize your digital assets or someone interested in exploring new payment methods, Archer Dental is here to support your needs. Embrace the future of payments and enjoy the convenience and benefits of using Bitcoin at your next dental visit.

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