Coconut oil varies a lot in its smoke point; unrefined its similar to butter but refined can get up past 400 F / 204 C(similar to canola oil).

I do like cooking with it despite the low heat limitation because it's good for things you can cook at lower temps like eggs and if you get good high quality oil then it will be near tasteless. Which means you can actually taste the egg instead of whatever oil / lard you fried them with.