Yep. In addition to that, it’s also FOSS¹ and you aren’t limited to only getting it from the Google Play Store; it’s also distributed² on F-Droid³ too. One thing to note though is that the version of Conversations on F-Droid doesn’t support push notifications, since that functionality uses Google Cloud Notifications.

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¹ — https://github.com/siacs/Conversations

² — https://f-droid.org/repository/browse/?fdid=eu.siacs.convers...

³ — https://en.wikipedia.org/wiki/F-Droid