Step 1Prepare the Dairy-Free Keto Condensed Milk (uses coconut milk) or Keto Condensed Milk (uses cream) and set aside. Freshly made condensed milk is liquid and thickens as you refrigerate it. Don't worry if it thickens, it will work just fine.
Step 2Place all the ingredients into a blender or use an immersion blender: coconut milk, coconut cream, keto condensed milk, nutmeg, cinnamon, vanilla, and white rum. Process until smooth and frothy. You can add a few drops of stevia to taste.
Step 3Pour into a jar and refrigerate for 1-2 hours or until cold. Pour into serving glasses and optionally sprinkle with cinnamon or nutmeg. If you don't have time to let it chill, serve with ice.
Step 4Enjoy or store in the fridge for up to 4 days. If the coquito gets too thick in the fridge, gently reheat until melted and stir to combine.