Help with upgrading RouterOS

I’m pretty new to Mikrotik. I bought a RB4011iGS+RM about 6 months ago. It is running a v6 of the RouterOS. I see the new RouterOS 7 is out - but I don’t see how to install it. It looks like I have to buy it for another $95 - is that correct? Is there some free upgrade path for such a new device?

Thanks!

Upgrades are free. If you want v7, select “upgrade” channel. If you don’t have it, your v6 is too old, so upgrade to newer v6 first.

Thank you @Sob! It took me a bit to figure out what “upgrade” channel was referring to. I also had to upgrade the firmware. But I got it to 7.1.1 now! Thanks!