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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 coconut oil as an ingredient in smoothies. Add 1-2 tablespoons of coconut oil to a smoothie along with the other ingredients. For example, pour 1 cup of any kind of milk and 1 cup of ice into a blender. Add 1 tablespoon of coconut oil and 1 ripe banana. To replace shortening with coconut oil, mix coconut oil and butter in equal proportions. 2  Use Â¾ the amount called for by a recipe. 3  For example, if a recipe asks you to use 2 cups of shortening, use Â¾ coconut oil and Â¾ cup butter to make a mixture totaling 1 Â½ cups.