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1 Substitute coconut oil on a 1-1 ratio for oil or butter. Melt the oil and cool it to just above room temperature before measuring it.  Use a ratio of 3/4 to 1 when substituting coconut oil for shortening. Use the oil in its solid state or melt it first.
Use it as a substitute for shortening, butter, or other types of oil, and get a sweeter, lighter tasting dessert. Itâs easy to bring a kick of coconut to hot chocolate or fruit smoothies. Remember if youâre adding coconut oil to a cold beverage, make sure to heat it up to liquid form before stirring in.