We know there's a lot of delicious ways to cook with coconut oil. It has a high smoke point and is amazingly versatile. But if you're just cooking with the stuff, you're missing out on everything else it can do. Coconut oil has antifungal, antibacterial, and antioxidant properties that make it useful in dozens of ways. Here's just a few reasons why you might want to take the coconut oil outside the kitchen.