If you haven't toasted your coconut already, toast it up by spreading out unsweetened or sweetened coconut in a sheet pan in the oven for 5-10 minutes at 375, stirring occasionally. Let it cool before adding it to the cake.
On a cake turntable with a cardboard cake round, spread on a little buttercream, then place down the first cake layers. Spread on a layer of buttercream on top, then place on the next cake round.
Crumb coat the cake by applying a small thin layer of buttercream, then freeze the cake for 5 minutes to set.
Beat out any buttercream air bubbles by rigorously stirring the buttercream with a wooden spoon, then spread the buttercream on the cake. Add a swirl on top with an offset icing spatula, then use a cake scraper on the sides for even sides.
Place the frosted cake onto a cookie sheet, then put the cookie sheet onto the cake stand. With your hand, gently apply the toasted coconut to the sides of the cake; letting the coconut fall onto the cookie sheet instead of the counter/floor. It should stick - repeat until the entire sides of the buttercream are covered in the toasted coconut. Enjoy!