Benefits of beeswax Beeswax is very useful, and has been used since ancient times for many cases, here are the most important benefits and uses of this natural product: Treats dermatitis, psoriasis and eczema. Moisturizes the skin. Protects the liver. Lowers cholesterol levels. It relieves pain and is anti-inflammatory. Removes acne. Treats dry and chapped lips. A natural remedy that reduces stretch marks. Treats itching and fungal skin infections. Relieves stress and promotes relaxation