The 35-year-old stated earlier that he had "abused" his position as a cricketer by getting involved in spot-fixing.
Four charges related to a Twenty20 match between Lancashire and Durham in June 2008, while the remaining 14 charges related to a Twenty20 encounter between Sussex and Lancashire and a 40-over match between Sussex and Kent in August 2011.
"This has been a complex case which has crossed different cricketing jurisdictions and required close collaboration and intelligence-sharing between both our own anti-corruption unit, other domestic boards and the ICC's ACSU," ECB chief executive David Collier said in a statement.
"We are extremely pleased that the matter has now been brought to a satisfactory conclusion and that an individual who repeatedly sought to involve others in corrupt activity for his own personal gain has accepted that his conduct warrants a lifetime ban from cricket.
"It once again highlights our resolve to keep cricket clean and rid the game of the tiny minority who seek to undermine the sport's integrity."
Vincent is now banned from playing, coaching or participating in any form of cricket sanctioned by the ECB, the International Cricket Council or any other national cricket federation.