No, we do not recommend it.
First and foremost, there’s a big difference between beeswax and “dread wax”. Beeswax acts as a lubricant which prevents or inhibits the locking process, whereas dread wax (such as Knotty Boy or Dreadhead HQ products) are much less of a lubricant and can POTENTIALLY help your dreadlocks if you use it PROPERLY. However, most people do not use these products properly and they’re not necessary anyway so we generally discourage using any type of wax for your dreadlocks. In fact, wax negatively affects the crochet method.