Yes!
I have one that I used as a worm bin, it holds
water quite well.
It will probably become an azolla growing container.
My green house in progress has two waiting to be converted to sub irrigated planters.
Defunct chest freezers are deeper, if that makes a difference for your purpose.
The only issue I have is the refrigerant that is usually still in the compressor of an old freezer/fridge.
I don't have the means to recover it, and I don't want to vent it.
This limits which derelict devices I'm willing to take and use.