You can use their online web-editor (similar to OverLeaf for LaTeX) or download the open-source engine and run it locally (there are extensions available for many text editors).
Compared to LaTeX I find it much more comfortable to work with. It comes with sane, modern defaults and doesn’t need any plugins just to generate a (localized) bibliography or include links.
Since Typst is very young compared to LaTeX I’m sure that there are numerous docs / workflows that can’t be reproduced at the moment but if you don’t need some special feature I’d recommend giving it a shot.