diff --git a/domain/consensus/database/binaryserialization/utxo_collection.go b/domain/consensus/database/binaryserialization/utxo_collection.go
index d44467539..83404fc81 100644
--- a/domain/consensus/database/binaryserialization/utxo_collection.go
+++ b/domain/consensus/database/binaryserialization/utxo_collection.go
@@ -8,21 +8,45 @@ import (
 	"io"
 )
 
+// SerializeUTXOCollection serializes the given utxoCollection into the given writer
 func SerializeUTXOCollection(writer io.Writer, utxoCollection model.UTXOCollection) error {
 	length := uint64(utxoCollection.Len())
 	err := binaryserializer.PutUint64(writer, length)
 	if err != nil {
 		return err
 	}
+
+	utxoIterator := utxoCollection.Iterator()
+	for ok := utxoIterator.First(); ok; ok = utxoIterator.Next() {
+		outpoint, utxoEntry, err := utxoIterator.Get()
+		if err != nil {
+			return err
+		}
+		err = utxo.SerializeUTXOIntoWriter(writer, utxoEntry, outpoint)
+		if err != nil {
+			return err
+		}
+	}
+
 	return nil
 }
 
+// DeserializeUTXOCollection deserializes a utxoCollection out of the given reader
 func DeserializeUTXOCollection(reader io.Reader) (model.UTXOCollection, error) {
 	length, err := binaryserializer.Uint64(reader)
 	if err != nil {
 		return nil, err
 	}
+
 	utxoMap := make(map[externalapi.DomainOutpoint]externalapi.UTXOEntry, length)
+	for i := uint64(0); i < length; i++ {
+		utxoEntry, outpoint, err := utxo.DeserializeUTXOOutOfReader(reader)
+		if err != nil {
+			return nil, err
+		}
+		utxoMap[*outpoint] = utxoEntry
+	}
+
 	utxoCollection := utxo.NewUTXOCollection(utxoMap)
 	return utxoCollection, nil
 }
diff --git a/domain/consensus/database/binaryserialization/utxo_diff.go b/domain/consensus/database/binaryserialization/utxo_diff.go
index 9bc28e7d2..1b262b0f1 100644
--- a/domain/consensus/database/binaryserialization/utxo_diff.go
+++ b/domain/consensus/database/binaryserialization/utxo_diff.go
@@ -6,6 +6,7 @@ import (
 	"io"
 )
 
+// SerializeUTXODiff serializes the given utxoDiff into the given writer
 func SerializeUTXODiff(writer io.Writer, utxoDiff model.UTXODiff) error {
 	err := SerializeUTXOCollection(writer, utxoDiff.ToAdd())
 	if err != nil {
@@ -14,6 +15,7 @@ func SerializeUTXODiff(writer io.Writer, utxoDiff model.UTXODiff) error {
 	return SerializeUTXOCollection(writer, utxoDiff.ToRemove())
 }
 
+// DeserializeUTXODiff deserializes a utxoDiff out of the given reader
 func DeserializeUTXODiff(reader io.Reader) (model.UTXODiff, error) {
 	toAdd, err := DeserializeUTXOCollection(reader)
 	if err != nil {
diff --git a/domain/consensus/utils/utxo/serialization.go b/domain/consensus/utils/utxo/serialization.go
index 478447072..31ba13ac1 100644
--- a/domain/consensus/utils/utxo/serialization.go
+++ b/domain/consensus/utils/utxo/serialization.go
@@ -14,12 +14,7 @@ import (
 func SerializeUTXO(entry externalapi.UTXOEntry, outpoint *externalapi.DomainOutpoint) ([]byte, error) {
 	w := &bytes.Buffer{}
 
-	err := serializeOutpoint(w, outpoint)
-	if err != nil {
-		return nil, err
-	}
-
-	err = serializeUTXOEntry(w, entry)
+	err := SerializeUTXOIntoWriter(w, entry, outpoint)
 	if err != nil {
 		return nil, err
 	}
@@ -27,15 +22,30 @@ func SerializeUTXO(entry externalapi.UTXOEntry, outpoint *externalapi.DomainOutp
 	return w.Bytes(), nil
 }
 
+// SerializeUTXOIntoWriter serializes the byte-slice representation for given UTXOEntry-outpoint pair into the given writer
+func SerializeUTXOIntoWriter(writer io.Writer, entry externalapi.UTXOEntry, outpoint *externalapi.DomainOutpoint) error {
+	err := serializeOutpoint(writer, outpoint)
+	if err != nil {
+		return err
+	}
+
+	return serializeUTXOEntry(writer, entry)
+}
+
 // DeserializeUTXO deserializes the given byte slice to UTXOEntry-outpoint pair
 func DeserializeUTXO(utxoBytes []byte) (entry externalapi.UTXOEntry, outpoint *externalapi.DomainOutpoint, err error) {
 	r := bytes.NewReader(utxoBytes)
-	outpoint, err = deserializeOutpoint(r)
+	return DeserializeUTXOOutOfReader(r)
+}
+
+// DeserializeUTXOOutOfReader deserializes a UTXOEntry-outpoint pair out of the given reader
+func DeserializeUTXOOutOfReader(reader io.Reader) (entry externalapi.UTXOEntry, outpoint *externalapi.DomainOutpoint, err error) {
+	outpoint, err = deserializeOutpoint(reader)
 	if err != nil {
 		return nil, nil, err
 	}
 
-	entry, err = deserializeUTXOEntry(r)
+	entry, err = deserializeUTXOEntry(reader)
 	if err != nil {
 		return nil, nil, err
 	}