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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.
Method 2 of 3: Melting Coconut Oil. 1. Melt solid coconut oil before measuring it out. If you plan on using coconut oil as a substitute for another type of oil, it is generally best to melt it into a liquid form to ensure that you get an equal and accurate measurement.Melting the oil also helps it to distribute more evenly into the mix of ingredients.ethod 2 of 3: Melting Coconut Oil. 1. Melt solid coconut oil before measuring it out. If you plan on using coconut oil as a substitute for another type of oil, it is generally best to melt it into a liquid form to ensure that you get an equal and accurate measurement.