Coconut oil is taken orally but can also be applied externally to the body. The oil of the nut is also used to make medicine, according to WebMD.
Coconut oil is made from the nut of the coconut palm tree. The fattiness of the oil makes it good for cooking and flavoring food, reports Healthline. Used topically, coconut oil can provide moisture to the hair and skin.
Coconut oil is high in saturated fat, which can elevate cholesterol, according to Mayo Clinic. With trans fat being phased out of products, many manufacturers are replacing it with tropical oils. It is recommend that less than 10 percent of daily calories come from saturated fat.