An agile team is an agile team and it is all about delivering a high quality product in a short amount of time.
If you’re an agile organisation, then waterfall is a great option for delivering an agile product and delivering it well.
If your organisation is a waterfall organisation, it is best to avoid waterfall.
If, however, you’re looking to leverage waterfall to deliver a high-quality product and deliver it quickly, then the agility option is worth looking at.
The main reason for using agile to deliver high quality products is to reduce time and to reduce costs.
You can read more about the benefits of using agile and the challenges of using waterfall in this article.