To worm farm or not to worm farm?

Hi Punks! I am wondering what would be the best option to do some eco waste recycling at home? I am living in a small flat and have a balcony where I am trying to grow some veggies and herbs. Lately I am getting targeted apps about worm farms that you can have either in your flat (because apparently they don't smell?) Or on a balcony. Does anyone have experience with this? Or does it make more sense to simply compost? I think you can use bokashi as well to compost that has some microorganisms? I am wondering what would be the best option smell wise and suitable for smaller amounts of waste and space. If anybody has some experience to share I'd be grateful :)