The leg-spinner, who attended a hearing on Friday was banned for life, having influenced the Essex player Mervyn Westfield and also involving him in the spot-fixing scandal.
"I will definitely be doing an appeal. The people trust me. I'm an honest man. I've been playing cricket with passion and love. I have done nothing wrong," the 31-year-old told Sky Sports News.
Having found guilty, Westfield was jailed for four months in the month of February and was released after serving two-month sentence, after he admitted that he accepted 6,000 Pounds to concede 12 runs off the first over of the match between Durham and Essex in December 2009.
Westfield had admitted that Kaneria was the man who introduced him to bookmakers and players, which prompted the England and Wales Cricket Board to take action on the Pakistan cricketer.
ECB panel said, "We are left in no reasonable doubt that Danish Kaneria knowingly induced or encouraged Mervyn Westfield not to perform on his merits in the Durham match."
The panel said: "We regard Danish Kaneria as a grave danger to the game of cricket...Accordingly, we are unanimously of the view that the only appropriate sanction in relation to both [the] charges is one of suspension for life and that is the sanction we impose."
The panel further stated that the 31-year old spinner's evidence weren't satisfactory, and said his evidence"simply does not stand up to scrutiny and is plainly lies".
But Kaneria maintained being innocent as he said, "I'm very upset about this decision. For what reason they have convicted me I do not know.
"It is a very, very unfair decision against me. I've come all the way from Pakistan to say the truth. They [ECB] don't have any proof against me. I don't know why they are saying this," he added after he, along with Westfield, was punished by a three-man panel chaired by lawyer Gerard Elias and featuring retired former England one-day international cricketer Jamie Dalrymple.
While the Essex cricketer, Westfield who was involved in spot-fixing, was given a five-year ban for being involved in corrupt activities, was allowed to play club cricket in the last two years of his suspension, according to ECB. On the other hand, this will be the end of Kaneria's cricketing career having received a lifetime ban from the England and Wales Cricket Board.