XYZ calibration without PINDA probe
If you want to replace the PINDA probe (whatever reason for) then you can go with the BLTouch Sensor but only for certain operations. 

It will be good for leveling the bed before printing because here, only the bed level is important and not the skew of the bed. 

If it comes to calibration of the skew itself, the BLTouch Sensor will not be usable because the PINDA Probe detects the boundaries of the copper circles on the print bed. The BLTouch cannot detect these copper areas.

The PINDA Probe is a proximity sensor. 

If you want to do a recalibration you have to mount the PINDA again. 

Therefore, it is possible but not recommended.