Is the India's new app-based Bitcoin wallet a spam?

RBI and the Finance Ministry had announced the launch of an app-based Bitcoin Wallet named Pluto Exchange

On Pluto Exchange mobile app, users can buy, sell, spend, and also store Bitcoins.

This is what the Bharat Verma had mentioned while launching the app.

It looks like the app only has

• BTC charts
• BCH charts
  

The People's reviews gives negative impact on this app.

Looks like this app contains ads.

On my opinion the trading apps with lot of ads will be annoying for the users.

Will People go with Pluto Exchange?